Did you know apprentices under 25 are exempt from Class 1 National Insurance contributions?
Are you considering taking on an apprentice for your business? Or thought about using apprenticeships to upskill an existing member of staff? Apprenticeships are an amazing way to bring in new skills into businesses and support existing staff to build their careers and therefore your business.
But did you know that since 6th April 2016 employers may not need to pay Class 1 National Insurance contributions for staff members that are:
- Under the age of 25
- On an approved UK government apprenticeship standard or framework
- Earning less than £967 per week (£50,270 per annum)
Through a comprehensive Training Needs Analysis (TNA), Woodspeen Training can help employers to identify the apprenticeship training programmes that best suit their needs and boost skills and productivity in the workplace. Our team will guide you step by step through the TNA, enabling you to delve into the plans you’ve got for your business, consider all the options available to you, and chose the right programme both for your staff and business.
Once you’ve made the decision about which apprenticeship programme is right for your business, Woodspeen Training will support you to enrol current staff or recruit new staff through our free of charge recruitment service. Further support navigating the Digital Apprenticeship Service and accessing your Apprenticeship Levy pot is available, our team is with you every step of the way.
Woodspeen Training understands the importance of apprenticeships and how they can be used to increase skills, support succession planning, and effectively grow businesses.
For more information on the apprenticeships Woodspeen Training offers and the support available contact the team now.