Collection on hold for three months
The Construction Industry Training Board is suspending levy contributions for the next three months in response to the covid-19 pandemic.
The delay is set to provide immediate financial relief to construction employers during the coronavirus crisis.
The CITB usually assesses and sends out levy bills each April in accordance with legal requirements, with these bills usually due for payment in May.
The training body said it wouldn鈥檛 be asking for collection on the suspended bills until August, or later if possible.
Sarah Beale, CITB chief executive, said, 鈥淓veryone in construction is facing extreme pressure at the moment and it鈥檚 right that we provide the financial relief we can to protect employers and ensure that the industry is as prepared as possible for the economic recovery that will come when the crisis lifts.鈥�
Industry groups welcomed the announcement and Brian Berry, chief executive of the Federation of Master Builders, said: 鈥淏uilders are facing urgent cashflow issues today and this decision by CITB will ease the immediate pressure.鈥�
And Alasdair Reisner, chief executive of the Civil Engineering Contractors Association, added: 鈥淲e applaud CITB for suspending the levy, which means that bills won鈥檛 be landing on construction companies鈥� doormats at a time when they are facing significant cashflow challenges.鈥�
No comments yet