Are you thinking about recruiting an apprentice for your business? If so you may be eligible for the Apprenticeship incentive payment.

If you hire an apprentice before 31 March 2021, you will be entitled to one of the below grants:

  • An apprentice aged 16 to 24, employers will receive £2,000
  • An apprentice aged 25 and over, employers will receive £1,500

If you hire an apprentice between 1 April 2021 and 30 September 2021, the amount payable has been increased to £3,000 per Apprentice, regardless of age.

The payments are in addition to the £1,000 employers already receive for hiring an apprentice.

How to apply

! IMPORTANT !

A very important note to make regarding the apprenticeship incentive payment – to be eligible to claim the payment, you MUST set up an “apprenticeship service account” before you employ your apprentice. Without the account in place before your employees start date, you will not be able to claim for the incentive payment.

You can then only apply for the incentive once you have added your apprentice to your service account. For any employees starting before 1 April 2021, you have until 30 April 2021 to apply.

Please click here to set up a Apprenticeship Service Account.

How will I get paid?

HMRC will make the payment in 2 equal instalments for each apprentice. The first payment is after an apprentice completes 90 days of their apprenticeship and the second is after 365 days.

To receive the full payment, the apprenticeship must last for at least one year.

Once you have applied for the payments, you can view the estimated payment dates for each apprentice in your apprenticeship service account.

If have taken an apprentice on and you are not sure if you are eligible for the Apprenticeship Incentive Payment, please contact us, we would be more than happy to help.