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<p>The Spending Review has delivered the first increase to employer-led apprenticeships
funding since the 2019/20 financial year, with funding for apprenticeships in England
growing to £2.7 billion by the 2024/25 financial year.</p><p> </p><p>On 4 October
2021, my right hon. Friend, the Chancellor of the Exchequer announced a £500 million
expansion of the Plan for Jobs. This included a further extension of the apprenticeship
incentive payment to support employers of all sizes to offer apprenticeships.</p><p>
</p><p>Employers will be able to claim a £3,000 payment for any apprentice that has
an employment start date between 1 October 2021 and 31 January 2022. They will be
able to claim for their payment from January 2022. The extended payment makes it a
great time for employers to offer new apprenticeship opportunities and take advantage
of existing flexibilities to train apprentices in a way that suits their needs.</p><p>We
do not plan to further extend the incentives beyond 31 January 2022 but will continue
to support employers with the cost of apprenticeship training. The government will
pay 95% of apprentice training costs for employers who do not pay the apprenticeship
levy, alongside offering the newly improved apprenticeship levy transfers system to
help smaller employers fund their apprenticeship training.</p>
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