- In the Construction Industry Training Board’s (CITB) Skills Stability Plan 2020/21 published yesterday, 25 June 2020, the CITB detailed the steps they are taking to help businesses recover from the pandemic.
- Employers will not be required to pay the levy until September 2020.
- Employers will then have up to a full year to pay the 2020/21 levy.
- The training organisation has also proposed halving its 2021/22 levy rate which they will collect from September 2021, with an option to spread payments up to March 2022.
- Companies will therefore pay 18 months out of the next 24, which equates to a 25%saving across two years.
Aspire Business Partnership ("Aspire") provide WK1 with practical and commercially sound advice in relation to all aspects of compliance, business strategy and conflict resolution. WK1 engage Aspire on a retained basis through which Aspire provide WK1 with advice on an ad-hoc basis.
https://www.aspirepartnership.co.uk/News/3467/covid-19-citb-levy-holiday-until-september
