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Construction industry building momentum

Construction industry building momentum

As I travel around the area visiting clients, I’ve noticed that there seems to be a great deal of building work going on. Of course, some of it is down to repairing the damage that came with the floods but new developments, extensions and refurbishments seem to be springing up everywhere, with the inevitable rise in the number of skips.

 

A quick look at the Construction Industry Training Board website predicts that the construction industry is well on the road to recovery. In a report by Construction Skills Network (CSN), it is estimated that more than 182,000 extra jobs will need to be filled to meet labour demands between 2014 and 2018.

 

This is in stark contrast to the 2013 CSN report, which predicted a fall in the number of construction jobs until 2016. The new figures, revealing a much higher than expected demand for employment, take into account increased workload levels and migration out of and within the construction industry, through retirement and other factors.

 

The report concludes that house building trades, such as bricklaying, roofing, carpentry, plastering and general labouring are predicted to be significant employment areas but that speciality personnel, like civil engineers, will also be highly sought after.

 

If you’re an employer in the construction industry, you’ll know that many of these trades will come under the immensely complicated and time-consuming HMRC Construction Industry Scheme (CIS). The good news is that we have a specialist team who know the CIS inside out.

 

For help with current or future CIS issues, call Joy Collins on 01628 631056 or e mail joyc@knightandcompany.co.uk