Contact Us
New Apprenticeship Incentivisation Scheme for Employers

Article

New Apprenticeship Incentivisation Scheme for Employers

The Apprenticeship Incentivisation Scheme provides financial support for apprenticeship employers who take on apprentices on all national apprenticeship programmes

As part of the July Stimulus package the government announced a new Apprenticeship Incentivisation Scheme for employers of apprentices. 
 

What is the Apprenticeship Incentivisation Scheme?

 
The Apprenticeship Incentivisation Scheme provides financial support for apprenticeship employers who take on apprentices on all national apprenticeship programmes and will also apply to any new programmes launched in 2020. Read more about the national apprenticeship programmes here 
 

How much can I get?

 
Employers will receive a €3,000 payment for each new apprentice who was/is registered between 01 March and 31 December 2020. €2,000 will be paid at registration with €1,000 payable in Quarter 3 2021.
 

How do I apply?

You can apply for this scheme through SOLAS, the statutory agency overseeing the apprenticeship system.
 
If you are not registered as an apprenticeship employer, you will need to complete the online process here 
 
You need to advertise your apprenticeship jobs on www.apprenticeshipjobs.ie and once an apprentice has been hired, you must register them as an apprentice with SOLAS through your local ETB.
 
Once your apprentice has been registered employers will be invited to submit a claim form for the Apprenticeship Incentivisation Scheme.
 
When this claim is approved payment will be processed to your bank account. 
 
If you already have an apprentice that was registered after 01 March 2020 you should receive contact soon from SOLAS inviting you to make a claim for the incentive. 
 
 
Other points to note:
 
  • If you made/make an apprentice redundant between 01 March and 31 December 2020 you not eligible for the scheme.  
  • Apprenticeship employers cannot claim for both the Apprenticeship Incentivisation Scheme and JobsPlus for their apprentices.
  • Apprenticeship employers will be subject to monitoring visits and contact in the usual way by the national network of SOLAS Authorised Officers.
 
You can find out more about apprenticeships though SOLAS and your Local Enterprise Office.
 
Published 09/09/2020
 

Date published 9 Sep 2020 | Last updated 2 May 2024

This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.

Related articles

Changes to the COVID-19 Wage Subsidy Scheme
Changes to the COVID-19 Wage Subsidy Scheme

6 months ago

Self employed can access increased Illness or unemployment benefit
Self employed can access increased Illness or unemployment benefit

7 months ago

Revenue’s TWSS compliance programme – what employers need to know
Revenue’s TWSS compliance programme – what employers need to know

7 months ago

Trustpilot

Choose the right accounting firm for you

Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?

Local business focus icon

Local business focus

We specialise in supporting independent businesses and work with 6,246 clients. Each TaxAssist Accountant runs their own business, and are passionate about supporting you.

Come and meet us icon

Come and meet us

We enjoy talking to business owners and self-employed professionals who are looking to get the most out of their accountant. You can visit us at any of our 23 locations, meet with us online through video call software, or talk to us by telephone.

Switching is simple icon

Switching is simple

Changing accountants is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.

See how TaxAssist Accountants can help you with a free consultation

1800 98 76 09

Or contact us