The 10% fee that small businesses must pay when they take on apprentices will be halved, the chancellor Philip Hammond announced in today’s budget.
29 October 2018
In his Budget speech, Mr Hammond said: “As well as backing businesses to invest and grow, we will also make sure British workers are equipped with the skills they need to thrive and prosper.”
More information on the fees paid by business when they take on apprentices can be found here – https://www.gov.uk/education/apprenticeships-funding
The full budget announcement can be found here – https://www.gov.uk/government/topical-events/budget-2018