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<p>From the introduction of the apprenticeship levy in May 2017 to the end of January
2019, the most recent month for which data are available, levy-paying employers utilised
£601 million of the funds available to them to pay for apprenticeship training in
England. This represents 15% of the total funds entering employers’ accounts in the
same period (£3,905 million). The total drawdown of £601 million does not include
other costs, such as incentives and additional payments for disadvantaged apprentices.</p><p>Once
levy funds enter employers’ accounts, they can be used to pay for training for 24
months before they begin to expire on a rolling, month-by-month basis. We don’t anticipate
that all levy-payers will use all the funds in their accounts, though they are able
to. Income from the levy is also used to fund apprenticeship training for non-levy
paying employers.</p>
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