Skills body proposes raising wage bill threshold to 拢120,000 next year
Around 5,000 more small construction firms could be exempted from coughing up for the CITB levy, after the skills body submitted new payment proposals to the government.
Currently about 35,000 employers are exempt from paying levy, which supports training programmes across the construction industry, under the current system.
This would rise to 40,000 if ministers approve the CITB鈥檚 plans. Under the CITB鈥檚 proposals, the small business levy exemption threshold for employers with wage bills of less than 拢80,000 would be raised to 拢120,000 next year.
The CITB said participating firms could continue to claim CITB grants and support for their training and skills development programmes.
The organisation also confirmed it is proposing to halve levy rates in 2021-22.
Steve Radley, the CITB鈥檚 policy director, said: 鈥淭aking 5,000 of the smaller employers out of levy payment is another measure to help deliver on our priority to help employers stabilise and then return to growth.鈥�
News of the CITB鈥檚 proposals came just weeks after the skills body laid off more than 100 of its own staff, citing the impact covid-19 has had on its levy income from construction firms.
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