BCC comments on Apprenticeship Levy funding guidance
Commenting on the funding guidance for the Apprenticeship Levy, Mike Spicer, Director of Research at the BCC, said:
“Businesses will welcome the news that the government will fully-fund 16-18-year-old apprentices, and that the co-investment rate for non-levy payers will be set at 10%.
“It is disappointing however that businesses will have to wait until October, just six months before the proposed implementation date of the Levy, for details of the technical rules. Indeed, the timescale seems very compressed for a complex policy that relies on a major IT set-up.
“The government’s apprenticeship target is laudable, and businesses see them as a vital way of narrowing the skills gap. But the focus must be on high-quality apprenticeships rather than purely as a numbers game. We look forward to inputting our member views in this complex area going forward.”
If you have any feedback around the apprenticeship levy, please let us know on 01709 386200 or email us to give us your views. Our aim is to feed this back to the BCC so that it can be included in consultation feedback for the programme.
Related Posts
-
Barnsley & Rotherham Chamber of Commerce Announces Official Fitness Partnership with Everlast Gym, Rotherham
Barnsley & Rotherham Chamber of Commerce is excited to announce an official partnership with Everlast Gym, Rotherham, aimed at promoting health, well-being, and fitness among Chamber members and the wider […]
More -
Barnsley and Rotherham Business Awards 2024 – A Celebration of Business Excellence
On Friday, 8th November, Barnsley & Rotherham Chamber of Commerce hosted the annual Barnsley and Rotherham Business Awards – A Celebration of Business, at Magna in Rotherham. The event, headline […]
More -
South Yorkshire Firms Asked To Share Their Experiences With Business Crime Through A New Survey
Take the survey https://bit.ly/4fjGs3G Organisations across South Yorkshire are being asked to share their experiences with business crime, via a new poll conducted by the three regional chambers of commerce. […]
More -
Chief Executive, Carrie Sudbury, reflects on the Chancellor’s Budget
Commenting on the Chancellor’s Budget statement today, Carrie Sudbury, Chief Executive of Barnsley & Rotherham Chamber said: “Today’s budget will see the highest level of tax rises imposed by a […]
More
