Annabel Redshaw

Co-investment below band upper limit due from employer

Edited

None

Hi

Looking at the monthly payment report (which I don't think shows completion payments), we have an amount in the "co-investment below bank upper limit due from employer".  The employer is a large company and is levy payer.  Does this mean there isn't enough funds in their levy? see screen shot below

 

Potentially this is why the apprentice is still showing as live on the apprenticeship service account.

 

 

Thank you

Anni

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Martin Outlaw

Hi,

Yes it does mean that they do not have enough levy. the £1,318.15328 has come out of the levy pot and the balance of £1,912.24672 has been paid from the co-investment pot, £1,816.63438 from the ESFA , and £95.61234 required from the employer.

Martin