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New DITB levy

25th June 1971, Page 20
25th June 1971
Page 20
Page 20, 25th June 1971 — New DITB levy
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Which of the following most accurately describes the problem?

• The Distributive Industry Training Board at a meeting last Friday decided to accept a directive from the Secretary of State for Employment on the raising of a levy to cover the current training year.

The Board's recommendation had been for an increase in levy from the present figure of 0.5 per cent of a firm's annual emoluments to 0.9 per cent. After considering correspondence from the Minister, which indicated that its original recommendation was not acceptable, the Board agreed to submit an amended recommendation that the new levy should be 0.7 per cent, with the cut-off point raised from £5000 to £6000.

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