Last reviewed 16 September 2021

The Government has for some time faced complaints that the rule surrounding the Apprenticeship Levy are too restrictive and that companies often struggle to use the money available.

A new online service will address those problems by making it easier for large businesses to pledge funds to smaller firms wanting to create and recruit for more apprenticeship opportunities.

Details of how to “transfer your apprenticeship levy to another business” can be found at GOV.UK.

The new service will simplify the process for both employers looking to transfer funds and businesses wanting to access funding.

Levy-paying employers can advertise their funding pledges on the dedicated GOV.UK page, enabling a much wider range of businesses to browse and apply for available funds.

One of the companies taking part is Mace Group which took part in a pilot to test the new system last month, pledging £100,000, and which will transfer a further £350,000 to £500,000 each year for other businesses to access.

The funds will be advertised on the new site later this month so that businesses in the construction sector can access and create apprenticeship opportunities, addressing skills gaps in the sector.

Mace Group CEO Mark Reynolds said: “The transfer of apprenticeship levy fees to fund our supply chain training costs will help us develop a much stronger pipeline of skilled people across the construction industry. Taking part in the pilot showed us the huge potential to support the recruitment of more apprentices to meet our skills shortages; and I would encourage every business that meets the criteria to take up the option”.