16-18 apprenticeship incentive

Because the employer gets £500 and the provider gets £500. You have to pass on the employer payment within 30 working days. P108-P117 of the Funding Rules.

Hi there,

P108 You (provider) and the employer will receive a payment towards the additional cost associated with training 
with

Hope this helps

WH

Thanks Wayne. 

We receive the money from the ESFA and then we ask the employer to invoice us for that money, its not direct from ESFA to employer.

Thanks again Ruth Canham-James

Makes sense now

Hi All - one  more question. 

Should we round to the nearest £ when invoicing employers? Or should it always go up to the next pound e.g. £57.23 becomes £58.00

Invoice - Always round up.
Refund - Always round down.

That looks like you're trying to do the employer out of money, but when you think that you can only record whole pounds as PMR, and even one pound of co-investment missing could lead to the completion element being withheld, there isn't really an option.

However, we only invoice amounts like that for levy payers with insufficient funds. Non-levy, we always ask for the whole lot up front. For the insufficient funds ones, if we rounded up £17.98 to £18 two times in a row, we'd round it down to £17 the third time. We look at the overall amount due before invoicing.

The time we do round down what the employer is paying, is a change of employer/provider. We charge the original price, minus the funding we've already had (or another provider had), rounded down to the nearest £10. That's about not going above band maximum.

Thanks again Ruth, thats helpful.

Yes i know it does seem like we are over charging but it seems the only way round the pennies issue. 

So, just to confirm , for non-levy do you charge the exact amount e.g.  £418.36? Or is that rounded up?

If that was non-levy, and the total 5% up front, that means your apprenticeship price was £8,367.20? We would never negotiate a price with pence, or even a value that didn't divide by 20 into whole pounds.

If you do negotiate prices where the 5% is in pence, you could invoice with the pence, and round up your PMR record, or you could just round up your invoice, which is what we'd always do.