Businesses to now receive up to £4000 for every new apprentice hired before September 2021
In July 2020, the government announced new incentive payments for employers to encourage the recruitment of new apprentices. Originally planned to end on 31 January 2021, the incentive payments have now been extended for a third time to September 2021. The amount each business will receive for every new apprentice hired is also being increased to £3,000 from April 2021. With the existing £1000 incentive for taking on a 16-18 apprentice, this now means businesses will receive up to £4000 per apprentice recruited.