Following the Government’s announcement that VAT will be cut from 17.5% to 15% for 13 months from 1 December 2008, ConstructionSkills is urging businesses to take account of the changes in the gross cost of CSCS and CISRS cards.
To pass on the Chancellor’s saving, the current gross prices of £25 and £23.50 will from Monday be reduced until the VAT rate returns to 17.5% at the start of 2010. The net price of the cards remains the same, (CSCS £21.28 and CISRS £20).
From Monday 1st December 2008:
CSCS cards will be £21.28 + VAT @ 15% = £24.47
CISRS cards will be £20.00 + VAT @ 15% = £23.00
We won’t delay an application because it comes with a cheque for the wrong amount. Instead, we will tell applicants on the letter that is sent out with their card that they can either;
Please note that this change does not affect CPCS cards due to the different VAT status of the scheme. CPCS notification fees and renewal cards will therefore remain at £25.00.