Heating and Ventilating

 

Levy threshold rise helps small firms train for free

More of construction's small firms will get free training thanks to levy bill proposals expected to get the green light from parliament next February.
CITB-ConstructionSkills collects an annual levy from construction employers to pay for training grants and employer support. The new levy bill proposals will require CITB construction-registered employers with a wage bill of £76,000 or more to pay to finance training for small businesses.

Levy rates themselves have been frozen for the sixth year running. Grants are then given to employers who train. Small firms tend to train most new entrants and benefit most from the levy. Larger firms benefit by hiring these skilled workers later in their career.

The proposal's new figure is up from last year's £73,000 levy threshold.

Employers in the construction sector with a wage bill of between £73,000 to £75,999 have previously had to pay the levy but now will not be asked to because of the threshold rise proposed for approval this February. <

In 2006, firms who paid no levy employed over 10,800 new entrant trainees and received £26.7m in training support. In 2006, over £113m was distributed in training grants to more than 20,000 firms.

The levy rate remains at 0.5% on direct employment and 1.5% on labour-only sub-contractor payments.

All CITB-ConstructionSkills registered employers are eligible to claim a training grant and this year £140m is available.

CITB-Construction Skills said 'The total benefits to the industry in 2006 equated to £1.90 for every £1 paid in levy'.

For details of the CITB-ConstructionSkills grants available in 2007/2008 visit www.cskills.org/traininglearning/citbgrant/
4 December 2007

Comments

Already Registered?
Login
Not Yet Registered?
Register

New BESA guidance will ‘revolutionise building air quality’

The Building Engineering Services Association (BESA) has launched a new specification for ventilation hygiene as part of its ongoing efforts to minimise the risk posed by contaminated indoor air to human health and well-being....

  18-Apr-2024
ACR News

Vapac Electrode Boiler launched

As the exclusive Vapac distributor in the UK, Humidity Solutions has announced the launch of the NEW Vapac Electrode Boiler, which incorporates advanced technology to minimise water and energy wastage....

  18-Apr-2024

STOKVIS R600

CONDENSING ULTRA LOW NOx PREMIX COMMERCIAL BOILER
  10-Jan-2019
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR

Diary

HVR Awards 2024
https://www.heatingandventilating.net/levy-threshold-rise-helps-small-firms-train-for-free