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Levy Pooling for Employers – Cambridgeshire and Peterborough

Did you know that employers who pay the Apprenticeship Levy can share up to 25% of their funds with other organisations?

Many businesses are unaware that any money paid into the Levy that isn’t used will expire after 2 years. By transferring them to another organisation you ensure that your contributions continue to support the Apprenticeship agenda.

A year ago the combined authority launched the Levy Pooling Service to enable non-levy employers to better connect into wider value chains and spread funding more effectively across local sectors. Any unspent Levy can be transferred to support small businesses locally and dramatically increase recruitment in emerging companies and sectors. For Promotional Flyer – Click Here

Impartial support will be provided by the CPCA to those pleading to share their unspent levy by:

  • Calculate the levy pot and profiling funding
  • Support in administering the digital account
  • Help with sending or receiving a transfer
  • Identifying organisations to share fund with

If you think your business may be able to help, or you would like to discuss support,  please let us know and get in touch with us at info@theskillsservice.co.uk