The Construction Industry Training Board (CITB) training levy that all construction firms must pay was suspended for three months April-June to help alleviate financial pressures during the Covid-19 lockdown. This suspension is now being extended for another three months, until September 2020 and rates will then be temporarily cut.
CITB has been exploring with government ways to cut the levy bill, recognising the cash-flow challenges that industry faces. By law, CITB must collect the Levy, but have been developing a solution that will reduce payments for all Levy payers and offer an extended ‘payment holiday’.
In addition, next year's Levy bills will be delayed and cut by 50%. This bill will also have the option to be paid in one go, or spread over up to 6 months, from September 2021 - February 2022.
This means an overall Levy cut of 25% across two years.
Levy collection will then return to 'normal' rates and collection periods from March 2022.
On 25th June 2020, CITB published its Skills Stability Plan 2020-21 (PDF, 164KB) to help employers recover from the impact of Coronavirus, including a substantial reduction in Levy bills. For further details visit https://www.citb.co.uk/levy-grants-and-funding/citb-levy
Published: 29-06-2020