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Suffice it to say, Levy Gifting is a great way to exercise corporate social responsibility by supporting other organisations and their employees in particular skills, sectors, or local areas that you’d like to fund. To find out how to gift or access Levy funds, call ELA today on 0208 017 1425 or email us at info@ela-training.co.uk.
- Does The Levy Apply to You?
- How Much Is It?
- What's The Purpose of The CITB Levy?
- How We Use The Levy
- How Levy Funds Are Distributed Across Industry
The levy applies to all employers ‘engaged wholly or mainly in construction industry activities’. In other words, when construction activities take up more than half of your total employees’ time (including subcontractors). Find out more about who should register
How much levy you pay is based on your total wage bill (the amount you pay your employees in a year). Here the word ‘employees’ specifically means individuals on the payroll and Construction Industry Scheme (CIS) subcontractors from whom you make a CIS deduction. This is defined by Industrial Training legislation. Levy rates for the 2024 Levy Asses...
The CITB Levy is used to support the construction industry to have a skilled, competent and inclusive workforce, now and in the future. It is dedicated to ensuring the construction workforce has the right skills for now and the future, based around our three strategic priorities: 1. Careers 2. Standards and qualifications 3. Training and developmen...
CITB uses the levy to: 1. Support training development through grants and funding 2. Promote the construction industry as a great career choice and offer high-quality apprenticeships 3. Identify skills needs across the construction industry 4. Develop occupational standards and qualifications. CITB’s levy supports the British construction industry ...
The table below (data from 2021-2022 annual statistics) shows how levy funds are distributed to construction employers of all sizes to support training: 1. Micro employers: 1 to 9 employees 2. Small employers: 10 to 49 employees 3. Medium employers: 50 to 249 employees 4. Large employers: 250+ employees
The cost associated with CITB refers primarily to its levy system that funds various services it provides. Levy amounts are determined based on an employer's total payroll expenses; currently set at 0.35% for PAYE employees and 1.25% for subcontractors under CIS (source).
Sep 1, 2023 · A levy is a term used in finances and government. It’s like a mandatory fee or tax that a government or authority imposes. This fee is collected from individuals, homes, or businesses to support things that benefit the whole community, like public services and projects.
Jul 16, 2021 · Many employers put their heart into giving new entrants a good start to their career”. The levy pays for industry-wide systems to maintain and enhance training infrastructure, helping to tackle ...
Aug 31, 2022 · A 2019 Freedom of Information request led by the Department for Education resulted in the realisation that only around 30% of the Levy funds being raised were being used. With the purpose of the…
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Jul 13, 2023 · In order to use the Apprenticeship Levy, you must have a payroll of more than £3 million. Levy funds can only be used to pay for apprentices to achieve the qualifications that are outlined in their approved apprenticeship training. Also explore why you should choose an apprenticeship with us.
