**New Hire Apprentice Incentive for Employers**

Wednesday 3 March, 2021
Budget 2021


Today’s Spring Budget say the government announcing that they will extend and increase the payments made to employers in England who hire new apprentices.

Employers who hire a new apprentice between 1 April 2021 and 30 September 2021 will receive £3,000 per new hire, compared with £1,500 per new apprentice hire (or £2,000 for those aged 24 and under) under the previous scheme.

This is in addition to the existing £1,000 payment the government provides for all new 16-18-year-old apprentices and those aged under 25 with an Education, Health and Care Plan, where that applies.

Further information to follow.

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