Industry Leaders Call for Emergency Plans to Help Save UK Construction

The Construction Leadership Council has written to the PM setting out essential actions that need to be taken to secure the future of UK construction.

Recent research shows that without any further help from the Government nearly half of all companies in the construction sector will face potential failure in the next 3 months.

The Construction Leadership Council have asked the Government to set out measure to help save these struggling companies.

These measures include:

  • 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 the self-employed
  • Direct all government bodies to release all retention monies
  • Extend the £25k SME business continuity grants scheme to the construction sector