Steve Bowler

Appr 23/24 - Minimal Financial Assistance declaration

Created

Afternoon,

Just wondering what other peoples understanding/knowledge is in relation to the Minimal Financial Assistance Declaration that is mentioned in the draft Apprenticeship rules for 23/24. It sounds like it impacts any 16-18 SME non-levy learner plus any non-levy learners funded via a levy transfer. Suggests that the employer needs to give us an MFA declaration, or is it something that we can include in our enrolment paperwork?

Steve

Subsidy control

·        New for 1 August 2023 153 to 156 - We have updated this section to reflect the UK subsidy control regime.

Ø  Evidence requirements - Where applicable (for waiving of the small employer contribution and transfers), the employer must give a Minimal Financial Assistance declaration to their provider.

·        153. Funds received by providers from an employer’s apprenticeship service account (including government top-ups to funds), government-employer co-investment and additional payments do not fall within the scope of subsidy control from 1 August 2023 to 31 July 2024.

·        154. Waiving of the employer contribution for small employers is likely to amount to a subsidy. The subsidy control rules will therefore apply to such cases. For more information on subsidy control, please visit the UK subsidy control regime guidance on GOV.UK.

·        155. Transfers of funds between employers also engage the subsidy control rules. For any transfer an employer receives, a percentage of the transferred funds will count towards the employer’s Minimal Financial Assistance (MFA) exemption. This percentage represents the amount of co-investment the employer would have otherwise had to contribute towards the apprenticeship, if funds had not been transferred.

Ø  155.1. The provider must ensure the employer completes a MFA declaration for relevant funding they receive as a result of the waiver of the employer contribution for small employers and transfers.

·        156. If providers become aware that an employer exceeds their Minimal Financial Assistance exemption of £315,000 over a rolling 3 year period, they must contact us.

Replies

No one has replied to this post.


Tracey Grant

Does anyone have a template they wouldn't mind sharing please ? 

my email is tracey@brighterhorizonstraining.co.uk

thank in advance

 

Tracey Hughes

Melanie Aspinall a little late to the party, but could you please share your form with me.  My email address if tracey@auto-assessltd.co.uk

Thank you.

Tracey

Ceri Geary

Melanie Aspinall, I'm a bit late to the party but would you be able to send me a copy of your MFA form too please?

My email is cgeary1@bournemouth.ac.uk

Thanks so much

Ceri

Ben James

At this point I feel like if I don't kindly ask for a copy of your community-renowned form Melanie Aspinall, I'll feel left out! b.james@lboro.ac.uk

(Edited)

Ceri Geary

Hi Melanie

Could I also have a copy please? My email address is cgeary1@bournemouth.ac.uk 

Thanks in advance

Ceri

Melanie Aspinall

Wow! No pressure - I'll email you all with what I/others have come up with as there's been no template but I stress, I'm no expert in Minimal Financial Assistance Declarations. Just sharing what I have to may be help others out - hope it's ok....

Leigh-Ann Martin

Melanie Aspinall interested to see if i could also recieve a copy of the MFA template you use if you would be so kind :)

 

thank you in advance

lmartin@bedford.ac.uk 

Audra Oldridge

Hi I'm late to this conversation but can someone send me a copy of the form as well

oldridgea@grimsby.ac.uk

Jessica De Melo

Hi Melanie,

I would be ever so grateful if you could also share with me: jessica.demelo@lexisnexis.co.uk 

Thank you