Virtual College webinars to give practical guides to Apprenticeship Levy
The major changes taking place in the apprenticeship system are likely to be a key talking point during the 10th annual National Apprenticeship Week from 6 to 10 March 2017. Two webinars have been arranged to help audiences understand the complex changes taking place and how best to work within the new Apprenticeship Levy requirements.
Significantly, as of April 6th 2017, employers and businesses across the UK with a wage bill of higher than £3 million per year will be required to make an investment in apprenticeships. Those with a payroll below this threshold will also have to contribute if they train apprentices.
On top of this, schools who are part of academy trusts may be subject to the levy if their group payroll is in excess of £3 million.
In addition to the impact this may have on businesses and other organisations, colleges, training providers and schools should also be aware of how the changes may affect them.
Two webinars have been arranged by Virtual College to help the different audiences understand the complex changes taking place and how best to work within the new Apprenticeship Levy requirements.
Virtual College’s education specialist, Mark Harrison, will be hosting the webinars with funding expert Rob George on hand to provide detailed answers to any questions posed by the webinar participants. With over 17 years of experience working in the education sector to help training providers forecast funding revenues, Rob is widely regarded as a leading authority in his field.
Both of the free webinars are CPD accredited and will take place on Wednesday 8th March.
More information and registration for the webinar version for schools, colleges and training providers at 11am – 12pm is available via the event web page.
By attending the webinar, attendees will learn:
- How the apprenticeship system is changing
- What the different funding bands mean
- How the payment process will work
- How the ‘Register of Apprenticeship Training Providers’ will work
More information and registration for the version for companies and organisations at 2pm – 3pm is available via the event web page.
In this webinar, attendees will learn:
- How the apprenticeship system is changing
- How to work out the amount your business will have to pay
- How much funding your business will receive
- What the Digital Apprentice Service is & how the payment process will work