diff --git a/Plugin/src/main/java/com/willfp/ecoenchants/enchantments/itemtypes/Spell.java b/Plugin/src/main/java/com/willfp/ecoenchants/enchantments/itemtypes/Spell.java
index 7394ea98..2dce9eee 100644
--- a/Plugin/src/main/java/com/willfp/ecoenchants/enchantments/itemtypes/Spell.java
+++ b/Plugin/src/main/java/com/willfp/ecoenchants/enchantments/itemtypes/Spell.java
@@ -74,7 +74,7 @@ public abstract class Spell extends EcoEnchant {
         if (this.getDisabledWorlds().contains(player.getWorld())) return;
 
         if (!cooldownTracker.containsKey(player.getUniqueId()))
-            cooldownTracker.put(player.getUniqueId(), new SpellRunnable(this));
+            cooldownTracker.put(player.getUniqueId(), new SpellRunnable(this, player));
 
         SpellRunnable runnable = cooldownTracker.get(player.getUniqueId());
         runnable.setTask(() -> {
@@ -100,7 +100,7 @@ public abstract class Spell extends EcoEnchant {
 
     public static int getCooldown(Spell spell, Player player) {
         if (!spell.cooldownTracker.containsKey(player.getUniqueId()))
-            spell.cooldownTracker.put(player.getUniqueId(), new SpellRunnable(spell));
+            spell.cooldownTracker.put(player.getUniqueId(), new SpellRunnable(spell, player));
 
         SpellRunnable runnable = spell.cooldownTracker.get(player.getUniqueId());
 
@@ -110,4 +110,12 @@ public abstract class Spell extends EcoEnchant {
 
         return new Long(secondsLeft).intValue();
     }
+
+    public static double getCooldownMultiplier(Player player) {
+        if(player.hasPermission("ecoenchants.cooldowntime.quarter")) return 0.25;
+        if(player.hasPermission("ecoenchants.cooldowntime.third")) return 0.33;
+        if(player.hasPermission("ecoenchants.cooldowntime.half")) return 0.5;
+        if(player.hasPermission("ecoenchants.cooldowntime.75")) return 0.75;
+        return 1;
+    }
 }
diff --git a/Plugin/src/main/java/com/willfp/ecoenchants/enchantments/util/SpellRunnable.java b/Plugin/src/main/java/com/willfp/ecoenchants/enchantments/util/SpellRunnable.java
index 437c7af5..eb3fd0ef 100644
--- a/Plugin/src/main/java/com/willfp/ecoenchants/enchantments/util/SpellRunnable.java
+++ b/Plugin/src/main/java/com/willfp/ecoenchants/enchantments/util/SpellRunnable.java
@@ -2,15 +2,18 @@ package com.willfp.ecoenchants.enchantments.util;
 
 import com.willfp.ecoenchants.enchantments.itemtypes.Spell;
 import com.willfp.ecoenchants.util.interfaces.Callable;
+import org.bukkit.entity.Player;
 
 public class SpellRunnable {
     private final Spell spell;
+    private final Player player;
     private long endTime = 0;
     private Callable callable = () -> {
     };
 
-    public SpellRunnable(Spell spell) {
+    public SpellRunnable(Spell spell, Player player) {
         this.spell = spell;
+        this.player = player;
     }
 
     public Spell getSpell() {
@@ -27,7 +30,7 @@ public class SpellRunnable {
     }
 
     public void updateEndTime() {
-        endTime = System.currentTimeMillis() + (spell.getCooldownTime() * 1000L);
+        endTime = System.currentTimeMillis() + (long) ((spell.getCooldownTime() * 1000L) * Spell.getCooldownMultiplier(player));
     }
 
     public void setTask(Callable callable) {
diff --git a/Plugin/src/main/resources/plugin.yml b/Plugin/src/main/resources/plugin.yml
index 54e4d84a..491099a4 100644
--- a/Plugin/src/main/resources/plugin.yml
+++ b/Plugin/src/main/resources/plugin.yml
@@ -68,3 +68,17 @@ permissions:
   ecoenchants.anvil.bypasshardcap:
     description: Allows bypassing the anvil hard cap
     default: op
+
+  # Perks
+  ecoenchants.cooldowntime.half:
+    description: Halves the cooldown time on spells
+    default: op
+  ecoenchants.cooldowntime.third:
+    description: Thirds the cooldown time on spells
+    default: op
+  ecoenchants.cooldowntime.quarter:
+    description: Quarters the cooldown time on spells
+    default: op
+  ecoenchants.cooldowntime.75:
+    description: Reduces the cooldown time on spells by 25%
+    default: op
\ No newline at end of file