Institute for Fiscal Studies Calls for Uniform Subsidy Rate for Apprenticeship Levy

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Large and small businesses should receive the same level of government subsidy for apprenticeship training, according to the Institute for Fiscal Studies. Experts at the economic research organisation have also warned that plans to reform the apprenticeship levy so that it funds other types of training risks creating “significant deadweight costs”, in a new report. Imran Tahir, author of the report and research economist at the IFS, said that introducing a lower but uniform subsidy rate would “create a simpler and more coherent system, and one that better ensures employers invest in the right form of training”.  Click here for more.