Following the CITB announcement in June of the delay in Levy payments from May 2020 until September 2020, they proposed a reduction on the 2021 and 2022 Levy rate, providing an overall saving of 25% across two years to help businesses with cash flow.

CITB has also extended the period over which regular payments can be made, offering the ability to pay instalments over a full 12 months.  Direct debit instalments are usually collected in the 10 months between May and February but will now be collected over a full 12 months, starting in September 2020 and completing in August 2021.

For employers with existing CITB direct debits, these will automatically switch to the new instalment plan.  For others wanting to benefit from the extended period of interest-free direct debits, you will need to complete and return the direct debit mandate that will accompany the 2019 Levy Assessment Notice no later than Friday 18 September 2020.  The first direct debit instalment is due by 28 September 2020.

More information can be found here.  If you have an estimated Levy payment or need guidance on what to do, please click here.