If you hire a new apprentice between 1st Aug 2020 and 31st Jan 2021 who starts their apprenticeship after the 1st Sept 2020, you could receive up to £2000 incentive per apprentice.
£2000 for 16– 24 yr olds
£1500 for 25 and over.
This is paid in 2 instalments as long as the apprentice is still in learning.
1st payment at 90 days and the 2nd at 365 days.
The apprentice must
1. Be a new employee
2. Have a contract dated between the above dates.
3. Must not have been hired 6 months prior to the contract start date.
There is No limit as to how many apprentices you take on or the amount of times you claim.