The Construction Leadership Council (CLC) write to Prime Minister with recovery proposals
The CLC, on behalf of all 11 Taskforce members across the construction industry, have put forward a plan to sustain the industry and accelerate recovery of the economy.
In summary, the letter asks the Government to enact the following measures:
- Suspend PAYE and CIS tax due to HMRC in April and May for construction and consultancy firms and workers with no financial penalty;
- Defer/cancel Apprenticeship Levy payments for the duration of the crisis;
- Government to advise all public sector clients, regulated utilities, and firms in the private sector to expedite cash flow throughout the supply chain;
- Support the directors of micro-businesses, who currently fall between the support provided by the Job Retention Scheme and assistance for self-employed;
- Direct all Government bodies to release all retention monies, which are estimated to total £4.5 billion across the supply chain; and
- Extend the £25k SME business continuity grants scheme to the construction sector.
Read the letter in full here.