Replies
No one has replied to this post.
Is this the case?
E157 Where the monthly cost of apprenticeship training cannot be fully met by funds from your apprenticeship service account (because there are insufficient funds), you must co-invest the relevant co-investment rate of the outstanding balance for that month.
Refer the employer to paragraph E157 in the Employer funding rules and section 4.7 in the employer agreement that they accepted on the Apprenticeship Service.
4.7. The Employer agrees to pay the Training Provider directly for any Employer Co-Investment which is payable in accordance with the Funding Rules.
HTH
The total of the following makes up the total monthly payment for the period:
July (R12) levy payments + July (R12) co-investment payments + July (R12) co-investment (below band upper limit) due from employer.
The levy payment indicates that the full monthly amount was unable to be paid from the levy and the shortfall is made up or 90/95% co-investment payment from the ESFA and the 10/5% employer contribution to be collected from the employer by the provider.
The co-investment due from the employer will also be shown on the Apps co-investment contributions report.
HTH
Laura Howard
total co-investment (below band upper limit) due from employer
Created
Morning all,
Can someone explain what this means on the AMPR report if the employer is a levy payer? We have issued an invoice but they are saying they don't have to pay.
Many thanks
Laura