Apprenticeships combine paid work and study towards a recognised qualification. An apprenticeship allows individuals to gain on-the-job experience and training, and earn a salary whilst undertaking a professional qualification. Employers are required to ensure that 20% of apprentices’ time is spent as ‘off the job’ training.
The new Apprenticeship incorporates additional requirements to the existing professional qualification such as employer visits, regular reviews with apprentices and the employer. However, the additional requirements are designed to support the apprentice through the programme and ensure they are fully prepared to successfully complete the programme - and ultimately satisfy the requirements to become a chartered accountant.
Employers in Northern Ireland, Scotland and Wales
Although the changes we have outlined here apply in the main in England alone, we are continuing to work in Northern Ireland, Scotland and Wales to understand the impact of the levy and how organisations are intending to work around the recruitment and training of AAT and Professional Accounting trainees and apprentices. F
For employers who choose not to use their levy fund, training
provision continues to be funded through our traditional training arrangements.
Useful Apprenticeships links:
GOV.UK Apprenticeship funding
Skills Funding Agency