£3,000 incentive payment for hiring a new apprentice

Please note: this article was published on 10th August 2021, the information below may now be out of date. For the latest information, visit gov.uk

As announced in the Budget 2021, businesses can apply for a payment of £3,000 for each apprentice they take on as a new employee between 1 April and 30 September 2021.

They can decide how to spend the incentive payment to best support the needs of their business and the apprentice.

Check your eligibility

Employers with apprentices who have an employment start date between 1 April 2021 and 30 September 2021 and who also have a practical period (training) start date between 1 April 2021 and 30 November 2021 may be eligible for an incentive payment.

How to apply

Employers can apply for the incentive payment through the ‘Finances’ section in their apprenticeship service account.

The below video explains the incentive application process step by step:

https://www.youtube.com/watch?v=RUg0AVLLAHQ&list=PLMNvQX_aIOux3SdHgg3Iw8D8dPrVHbMY7&index=9

Employers must apply for the incentive payment by the end of 30 November 2021. Training providers cannot apply on their behalf.

Click here to find out more.