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P244 Where apprenticeship training is not funded from the employer’s apprenticeship service account (non-levy paying employers and levy paying employers with insufficient funds), employers must co-invest the relevant co-investment rate of the total negotiated price up to the funding band maximum. The rate at which co-investment will need to be paid will depend on the date the apprenticeship started
Reservation of funds only applies to non-levy employers
HTH
It's also worth noting that an employer who has ever has a levy payer DAS account, keeps that forever, even if they haven't paid any levy in years. That means they're functionally a non-levy payer, but they don't have to do reservations and don't have a limit of ten. Employers can convert their DAS account to a levy account if they ever end up paying the levy, but they can't convert it back (and why would you want to?). We have a few like that, and we have to remember to charge the 5% up front even though they have a levy payer account.
Craig Roper
Levy Funding Used Up
Created
Hi, just looking for a bit of clarity. I’m working with a levy paying employer however they have now spent up their levy allowance.
Am I correct in thinking the employer now follows the co-investment rules and get up to 10 apprentice’s per year and pay the 5% or can they have more than 10?