If you are considering employing an apprentice there are some things you should know:
If you employ an apprentice you may be eligible for an apprenticeship grant of £1,500 if you have less than 50 employees and your apprentice is aged between 16 and 24.
If you are providing the training you can apply for training funding to cover some or all of the training costs. Further information is available on the HMRC website.
Employers who have an apprentice will not be required to pay employers National Insurance Contributions (NICs) on their earnings if they are under 25, earning below £45,000 and on an approved UK government apprenticeship. National Insurance category ‘H’ is to be used for apprentices under 25 in qualifying circumstances.