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Yes you would. The PSM states;
Payment records must only be used to record co-investment payments actually received from the employer.
If you are a provider delivering an apprenticeship to your own employees, then you do not need to record co-investment payments on the ILR. In this circumstance, you must record code LDM356 ‘Apprenticeship being delivered to own employees’ in the Learning Delivery Funding and Monitoring fields on the apprenticeship programme aim.
All Financial amounts recorded on the ILR must be recorded in pounds, to the nearest whole pound, and must not include the VAT element where this exists.
Employers are required to make co-investment cash contributions in the following circumstances:
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The employer is not on the apprenticeship service and is funded through a contract for services with the ESFA, a non-levy paying employer and the apprentice is funded through co-investment
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The employer is a levy paying employer who has spent all of their digital account funds and so the apprenticeship is being fully or partially funded through co-investment
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The negotiated price for the apprenticeship exceeds the funding band, the employer is responsible for the price that is over the funding band.
Emma Orr
ILR Record when TNP is above Funding Band?
Created
Hi All
Where an Apprenticeship negotiated price exceeds the funding band, we're aware that the employer is responsible for paying the diffence between the funding band maximum and the TNP.
Do we then have to record this payment as a PMR1 record on the ILR or is that used for employer co-investment only?
Thanks in advance!