Neil Allen

Levy transfer shortfall

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Hi All,

Who is responsible for paying the 5% levy shortfall co-investment for a levy transfer funded apprentice.  Is it the receiving employer?

Thanks!

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Ben James

Yes, the receiving employer

If the sending employer (the employer who transferred the levy to another employer) either has insufficient levy funds in their account, or has exceeded their transfer allowance for that financial year, the apprentice’s employer (the receiving employer) will fund the training if they have their own levy balance available or through co-investment. Where this occurs, we will use the levy funds of the apprentice’s employer according to the priority ordering detailed below. We will pay for these apprentices in priority order alongside any other apprentices funded through that account. 

Neil Allen

Thank you so much Ben!