What employers need to know about the Government Budget
The recent Autumn Budget brings good news for non-levy-paying employers, says JTL, as training and assessment for apprentices aged 25 or under will now be fully funded.
This means:
- No co-investment payments
- Less admin
- Fewer barriers to recruiting young talent
The Government has also confirmed that apprenticeship levy funds will now expire after 12 months instead of 24. This change will speed up the rate at which unused funds disappear from employer accounts, and means businesses are looking to maximise their funds both quickly and effectively.
If you’re planning to start apprentices in 2026, it’s important to act early.
JTL can help you:
✔ Plan your apprenticeship intake
✔ Maximise your remaining levy funds
✔ Recruit high-quality apprentices
✔ Understand how the new rules affect your organisation
It is also important to consider levy transfers. If you’re a levy paying employer and you don’t think you will use all of your levy funds before they expire, don’t let those funds go to waste – talk to JTL about the levy transfer scheme which can support an SME to take on apprentice.
