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<p>The apprenticeship levy is an important part of the government’s reforms to create
a high-quality, employer-led apprenticeships system, and it supports employers of
all sizes to invest in high-quality apprenticeship training. The government does not
currently have any plans to review the apprenticeship levy.</p><p>Whilst the department
has seen some underspends in the apprenticeships budget in previous years, this will
not always be the case. In the 2021/22 financial year the total spend on apprenticeships
was £2,455 million against the budget of £2,466 million, meaning that 99.6% of the
apprenticeships budget was spent. It is therefore important that the apprenticeships
budget remains ring-fenced to support the demand from employers for high-quality apprenticeships
training.</p><p>The government is increasing apprenticeship funding to £2.7 billion
by the 2024/25 financial year and is continuing to improve the apprenticeships system
to support more employers and apprentices to benefit from apprenticeships. The department
has created flexible training models, like flexi-job and accelerated apprenticeships,
to make apprenticeships accessible for all sectors. We have also improved the transfer
system to make it easier for levy paying employers to find other employers who wish
to take on new apprentices with transferred funds. Additionally, we are working with
training providers to simplify the apprenticeship system through our “You said, we
did” programme.</p>
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