CITB PROPOSES TAKING LEVY BACK UP TO PRE-COVID FIGURE
The Construction Industry Training Board (CITB) has proposed hiking its levy back up to pre-covid rates from 2022 as it launches a consultation into its funding proposals.
The skills body had suspended the levy, which is used to support training programmes across the construction industry, from April to September during the first wave of the covid pandemic.
Sarah Beale will leave the CITB this September
It had then restored it at a reduced rate for 2021 after being forced to axe 110 staff – more than 15% of its workforce – and admitting the levy cut would see its income slump by a third over the next three years.
Its consensus vote, which is held every three years to secure a three-year industry levy order from the government, was also postponed in June last year.
Now the organisation is proposing taking the levy back to 2019 levels with a six week consultation beginning on Monday.
After the consultation, which will include a number of virtual events, the body will ask for the agreement on the proposals from levy-paying employers in its delayed consensus vote this summer.
CITB chief executive Sarah Beale, who is due to leave her post this September after just over four years in the role, said: “The feedback we’ve had now is that the industry wants us to proceed with running [the] consensus [vote] and we’ve agreed that now is the right time to start.
“We’re looking forward to talking with businesses from across the sector to understand their views, and explaining how we’ll use their money to provide the training and the skills that the industry needs.”
The new rates would be set at 0.35% for PAYE staff and 1.25% for taxable subcontractors, although the levy will be waived for firms with a wage bill below £120,000 and halved for those with a wage bill between £120,000 and £400,000.
During the consultation, firms will also be asked about the CITB’s 10 areas of greatest need for developing skills in the sector.
The body said it will then increase funding to these areas, which will include skills gaps, jobs shortages and the industry’s impact on the environment.
Original source; https://www.building.co.uk/news/citb-proposes-taking-levy-back-up-to-pre-covid-figure/5110634.article
FREE HOME TESTING COVID KITS NOW AVAILABLE TO ALL CONTRACTORS
Construction companies can now order free Covid test kits for workers to use at home. The extension of the workplace testing regime will supply home test kits to companies with over 10 workers where ...
EMPLOYMENT LAW CHANGES: WHAT YOU NEED TO KNOW
With Brexit, Covid, and new tax rules for the self-employed, this year sees a plethora of significant changes in the field of employment law. Here is a recap of what you need to know. 1. End of furlou ...
AROUND 350,000 NEW CONSTRUCTION JOBS WILL NEED TO BE CREATED BY 2028 TO KEEP THE GOVERNMENT’S COMMITMENT TO ACHIEVING NET ZERO GREENHOUSE GAS EMISSIONS BY 2050 ON TRACK.
Around 350,000 new construction jobs will need to be created by 2028 to keep the government’s commitment to achieving Net Zero greenhouse gas emissions by 2050 on track. The&n ...
ALL CONSTRUCTION COMPANIES CAN NOW GET FREE COVID TESTS
Construction companies of all sizes can now register to order free lateral flow Covid tests for their employees from the government. The tests detect positive cases in under 30 minutes and firms can ...
BUDGET 2021: UK'S TAX BURDEN TO 'REACH HIGHEST LEVELS SINCE 1960S'
The UK's tax burden is to rise to its highest level since the 1960s, the Office for Budget Responsibility has said, after the chancellor set out plans to repair the nation's finances. Rishi Suna ...
SELF-EMPLOYED WORKER NUMBERS 13% DOWN ON PRE-COVID LEVEL
Numbers of self-employed workers are slowly returning to the pre-Christmas level despite worries that many eastern Europeans would not return after the break. According to the construction industry& ...