On 1st August 2020, the government introduced a new scheme of financial incentives for apprenticeships to encourage employers to hire apprentices. Originally the scheme was supposed to end on 31st March 2021, but it has now been extended. The original scheme was for employers who hired an apprentice aged 16-18, under 25 with an education, health and care plan, or who have been in the care of their local authority. These employers were then permitted to receive a payment of £1000. They would also receive an additional payment of £2000 if they hired an apprentice in this age range. If an employer hired an apprentice aged 25 and above, they would still receive payment of £1500.