Employers who pay the apprenticeship levy will now be able to transfer apprenticeship service funds to other organisations to pay for their apprenticeship training and assessment.
The aim of the transfers is to give employers more flexibility and help larger employers to support smaller employers in taking on more apprenticeships.
For the first phase, employers can transfer up to 10 percent of their annual funds to one other employer. The number of employers they can make a transfer to will increase over time and after user feedback from the first phase.
•Levy-paying employers who use the apprenticeship service will be able to see their transfer allowance at the end of April 2018;
•Employers will be able to make a transfer to one other organisation from May 2018;
•The receiving organisation will be able to start adding apprentice commitments from May 2018.