Less than three per cent of apprenticeship-levy paying businesses have transferred funds to pay for apprenticeships in smaller employers, sparking calls for the 25 per cent transfer cap to be scrapped.
New figures have emerged in a response to a written parliamentary question from skills minister Robert Halfon that reveal 580 businesses used the apprenticeship levy transfer scheme to allocate part of their generated funds to non-levy paying employers in 2022/23.
That equates to just 2.7 per cent of levy-paying businesses.
Levy-paying businesses can choose to hand up to 25 per cent of their apprenticeship levy to fund apprenticeships in other businesses.
