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CITF Levy Process

CITF Levy Process

  1. Estimated project value used at initial planning stages for CITF Levy Application process

  2. Estimated completion date used for CITF Levy Application Process

  3. Building and Construction works performed

  4. After building and construction works are complete, advise CITB of final value of building and construction works
    • CITB automatically sends reminders to project owners to assess the final value of projects, via email 60 days after the project completion date. CITB refer to this as the ‘Statement of Completion’ (SOC) process.
      • If the total value of the works has increased by $50,000 or more the project owner will need to pay an additional levy amount.
      • If the total value of the works has decreased by $50,000 or more the project owner may be entitled to a refund.