Online further education magazine FE News has published an article reminding organisations that pay the Apprenticeship Levy that they should have begun to receive the first payments of levy funds to their apprenticeship service accounts.

This first amount should equate to 0.5% of the organisation’s monthly paybill, plus a 10% top-up from the Government. Funds can be spent on accredited apprenticeship training in England and must be used with the next 24 months – unspent funds will be redistributed to organisations with extra capacity to offer apprenticeships.

If you have begun paying the Apprenticeship Levy but do not yet have an apprenticeship service account, you should register for an account here to be able to access your funds.

For more information on the Apprenticeship Levy and how it affects your organisation, click here.