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Transferring unused funds webinar

EEF’s People & Skills Policy team are coming together with the Education and Skills Funding Agency (ESFA) to take you through how Apprenticeship Levy funds can be transferred from one employer’s digital account to another employer’s account in order for the receiving employers to spend that money on apprenticeship training.

From April 2018 Levy paying employers will be able to transfer up to 10% of their unused funds to another employer’s digital account. This means that Levy payers can support additional apprenticeship training to either another Levy payer who may have insufficient funds, or a non-Levy payer to cover their apprenticeship training costs.

This webinar will take you through the steps that both the transferring employer and the receiving employer needs to take to make this happen.

It will also provide you with a brief update on the current and upcoming changes that are being made to employer’s digital accounts.

By attending this webinar you will:

•             Understand the steps Levy paying employers who want to transfer funds to another employer need to take

•             Understand the steps a receiving employer of Levy funds needs to take to access funds from another employer and pay for apprenticeship training.

•             Get an insight on the latest updates and improvements to employer’s digital apprenticeship accounts and give your feedback on where improvements should be made.

The webinar is taking place on Tuesday 1st May 2018 at 10.30am.