CITB Levy Proposals Published
CITB has now published its Levy Proposals for 2022â€2025, which would see Levy rates return to 0.35% for PAYE staff and 1.25% for CIS subâ€contractors for the next three years. A number of temporary measures introduced in the 2021 Levy Order would be maintained, including the increase in the Levy Exemption Threshold to £120,000 and the 50% reduction in Levy rates for employers with wage bills between £120,000 and £400,000. In line with CITB’s Consensus process, Build UK will be formally consulting Levyâ€paying members on the proposals from 14 June to 30 July.
All Levyâ€registered employers should have received their 2021 Levy Return, and members are reminded to list all the trade bodies they are a member of when completing and returning it by the deadline of Wednesday 30 June.