The ESFA has announced that updates to the transferring of apprenticeship levy funds system will be coming soon. Employers who pay the apprenticeship levy will be able to pledge unspent levy funds (up to their 25% transfer allowance) to support apprenticeships in other businesses. All businesses will be able to see these transfer opportunities on Gov.UK and employers will be able to apply for funding to pay for 100% of their apprenticeship training and assessment costs.
