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 The levy thresholds under Construction Industry Council Ordinance (Cap.587) and Construction Workers Registration Ordinance (Cap.583) were raised from $1,000,000 to $3,000,000 with effect from 30 July 2018.
· The Construction Industry Council (CIC) is the representative forum for the professional bodies, research organisations and specialist business associations in the construction industry. Construction Industry Council
How much is the levy? The current levy rate is 0.35 % of the value of building and construction work where the cost of building is $25,000 or more (inclusive of GST). For example, for a home costing $200,000 to build the levy is $700, but a one-room extension of a house costing $24,000 does not have to pay a levy because the cost is less than $25,000.
· The Construction Industry Training Fund (CITF) levy is collected on building and construction activity in South Australia. CITB collects a levy of 0.25% on the value of building and construction projects valued over $40,000. The CITF levy is distributed across the housing, commercial and civil sectors of the construction industry.
Construction Industry Council Established by Act No. 14 of 2013 LIGWALAGWALA HOUSE, PLOT 427 J.S.M. MATSEBULA STREET QUEENSGATE P.O. Box 5020 Mbabane Eswatini Tel: +268 404 9848/8481/1497 Email: firstname.lastname@example.org Website: www.cic.co.sz IMPORTANT NOTICE PLEASE READ THE PROCEDURES, RULES, TERMS AND CONDITIONS FOR PROJECT …