Changes to funding rules for apprenticeships

Stacie Cheadle, technical writer at Croner, looks at what employers need to know about hiring apprentices, employee status and funding changes effective from 1 August

August is a big month. With various qualifications being awarded, significant decisions about the future are being made by young people. For many, of whatever age, an apprenticeship is a serious option, and many accountancy firms do already hire a sizeable number of apprentices training for professional qualifications.

According to official figures, a total of 308,770 apprenticeships were started between August 2025 to April 202, up 8.7 % on the previous year.

With so many undertaking these courses, it’s important for employers to know the rules on apprenticeships and how they can take them on in their organisation.

Apprenticeships combine the benefits of acquiring knowledge from experts through workplace learning with classroom-style studies. The apprentice gains accountancy and finance qualifications and essential skills, along with a salary, while firms can secure some funding for the training of the accountants of the future.

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