CITB pledges pre-Covid rates and launches Levy consultation

69

CITB has pledged to keep its rates at pre-Covid levels, as it prepares to launch a six-week consultation into how CITB raises its Levy

A six-week consultation into how CITB raises its Levy – the funding needed from the industry for the training body to provide its support – begins on Monday (1 March).

The consultation will include a range of virtual events, and once feedback on the draft Levy proposals is in, CITB will proceed to consensus this summer. This will see a representative sample of 4,000 Levy-paying employers asked for their agreement on plans to raise this funding for the next three years.

‘Industry wants us to proceed with Consensus’

Sarah Beale, chief executive officer of CITB, said: “With the impact of Covid-19 last year, we spoke to employers and listened to their view that we should be focussing on supporting them through the pandemic. As such, we postponed Consensus and immediately suspended the Levy.

“This year employers will be assessed at a reduced rate, whilst we continue to maximise the support to employers and impact of your Levy.

“The feedback we’ve had now is that the industry wants us to proceed with running Consensus, 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.”

10 areas of greatest need for developing skills

While views are sought on the draft Levy Proposals 2022-25 ahead of Consensus, businesses will also be asked about CITB’s 10 areas of greatest need for developing skills in the sector.

CITB will enhance funding and support to these areas, which will include skills gaps, jobs shortages, and the industry’s environmental impact.

The draft Levy Proposals are a return to pre-Covid levels of 2019, of 0.35% for PAYE staff and 1.25% for net paid (taxable) subcontractors.

CITB will support smaller employers by waiving the Levy for more businesses this year.

Companies with a wage bill below £120,000 will pay nothing, and Levy will be halved for those between £120,000 and £400,000.

Levy registered employers can take part in the consultation from Monday 1 March to Sunday 11 April at www.citb.co.uk/levyconsultation.

LEAVE A REPLY

Please enter your comment!
Please enter your name here