Receive a levy transfer from another business to fund an apprenticeship

Levy transfer is a mechanism that enables apprenticeships to be funded by employers who contribute to the apprenticeship levy. These employers can transfer a portion of their unused levy, up to 25%, to another employer. Transferred funds are primarily designated to cover the complete cost of training and assessment for apprenticeships, up to the maximum funding band limit. It’s important to note that these transferred funds are intended to support the entire duration of the apprenticeship.

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