Question to the Department for Education:
To ask the Secretary of State for Education, whether businesses can transfer their apprentice levy vouchers to smaller businesses in their supply chain.
From April 2018, we plan to allow levy-paying employers to transfer up to 10% of the annual value of their funds to other employers, including to smaller employers in their supply chain through the apprenticeship service. The 10% refers to the maximum amount of funds a levy-paying employer can transfer. State aid rules apply to transferred funds which mean that the maximum amount that an organisation can receive is €2 million over 3 years.