Apprenticeship Levy - Transferring Unused Funds 2018

EEF’s People & Skills Policy team come together with the Education and Skills Funding Agency (ESFA) to take employers through how Apprenticeship Levy funds can be transferred from one employer’s digital account to another employer’s account in order for the receiving employers to spend that money on apprenticeship training.

The Apprenticeship Levy has been one of the most fundamental changes to the skills policy landscape in recent years.

One year on we find that many companies have not yet spent all their Apprenticeship Levy funds and are looking for ways in which they can ensure that their unused Levy funds are spent on quality training.

From April 2018 Levy paying employers will be able to transfer up to 10% of their unused funds to another employer’s digital account. This means that Levy payers can support additional apprenticeship training to either another Levy payer who may have insufficient funds, or a non-Levy payer to cover their apprenticeship training costs.

This webinar will take you through the steps that both the transferring employer and the receiving employer needs to take to make this happen.

It will also provide you with a brief update on the current and upcoming changes that are being made to employer’s digital accounts.

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Who should attend?

This webinar is aimed at: 

  • HR Managers
  • Talent development managers in charge or upskilling and reskilling
  • Finance teams – who may be looking after the new digital apprenticeship service in the organisation
  • Learning and development managers
  • MDs

Why attend?

  • Understand the steps Levy paying employers who want to transfer funds to another employer need to take
  • Understand the steps a receiving employer of Levy funds needs to take to access funds from another employer and pay for apprenticeship training
  • Get an insight on the latest updates and improvements to employer’s digital apprenticeship accounts and give your feedback on where improvements should be made
  • Understand EEF’s own Apprenticeship Levy service to employers

Programme

10:30 Webinar open and live
10:30 - 10:35 Welcome and introductions
10:35 - 11:00 How Apprenticeship Levy transfers will work
11:00 - 11:15 EEF and how we can help
11:15 - 11:25 Questions and answers
11:25 - 11:30 Close

This webinar is free to attend

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