Can you offer a young person an opportunity within your business?
From 3rd September, applications opened for businesses to join the new scheme introduced by the government called the Kickstart Scheme – the aim of which is to provide funding to employers to create job placements for 16-24 year olds. Employment under the scheme can only start on 1st November 2020 and will continue for any 6 month period until the scheme ends in December 2021.
These new jobs must be good quality jobs with the promise of built in job training and the chance to gain essential experience, skills and confidence to allow a stepping stone to further employment.
If you are allocated the funding, it will cover 100% of the relevant National Minimum Wage for 25 hours a week, plus the NI contributions and minimum pension contributions. Employers can top up the pay out of their own pockets or extend the hours if they wish.
Employers will also receive £1,500 per job placement for set up costs, support and training.
Anyone who is 16-24, out of work and claiming Universal Credit may be eligible and it is estimated there are more than half a million who fall into this category.
Tesco and Network Rail have already stated they will take part, with Tesco creating 1,000 placements.
How do you apply?
If you can 30 places or more, you can apply on the Gov.uk website: https://www.gov.uk/guidance/apply-for-a-grant-through-the-kickstart-scheme
We don’t anticipate any of our clients will have more that 30 places to offer, so you will need to apply through a representative of a group of employers who can then submit an application on your behalf. This can be done by joining a group of other employers, nominating a representative to submit the application, or registering your interest with existing representatives, such as local authorities, chambers of commerce or trade bodies.
We have been in contact with the South East DWP and they are going to send us further information shortly. If you are are interested and would like us to keep you informed please let us know.
We strongly advise you to seek appropriate advice before taking action on any of the points listed above.
All information contained in this document are correct at the time of writing. Legislation and regulations may change at any time.
If you are in any doubt, please call us for clarification.
About us: Leggate Associates Limited was formed by Andrew Leggate LL.B FCMA FCA CGMA who has over 40 years of tax and accountancy experience in industry and practice, and the practice is managed by Joanne Leggate FMAAT, ATT (Fellow). Our clients range from building subcontractors to multi-million pound concerns and high net worth individuals all over the UK. Please see our website www.leggateassociates.co.uk or follow @LeggateAssoc on Twitter for occasional updates.
© 2020 Leggate Associates Ltd