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Financial incentives for employers

Employers who hire a new apprentice between 1 August 2020 and 31 January 2021 can claim financial incentives from the government.

This is to help businesses and the economy recover from the impact of the coronavirus (COVID-19) pandemic.

For apprentices aged:

  • 16 to 24, you’ll receive £2,000

  • 25 and over, you’ll receive £1,500

This payment is in addition to the existing £1,000 you’ll already get for taking on an apprentice who is:

  • aged 16 to 18 years old

  • under 25 and has an education, health and care plan or has been in the care of their local authority

Find out more about financial incentives for hiring a new apprentice or how apprenticeships are funded.

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