Companies participating in Skills Development initiatives are required to submit their Workplace Skills Plan (WSP) and Annual Training Reports (ATR) by 28 April 2017.
Points can also be earned under the new BBBEE Codes for the Skills Development priority element pending successful submission of Workplace Skills Plan Annual Training Reports 2017
The value of developing meaningful WSPs & ATRs is multi-faceted. Apart from achieving compliance and earning financial rebates, these plans and reports can also add strategic value to a business. Companies can identify their true development requirements so that they can address skills gaps and shortages and earmark the right talent for growth in order to reach their strategic objectives.
Now is the time to start Skills Development Planning 2016-2017 – Pay Solutions trained Skills Development Facilitators will assist with all aspects of Skills Development Planning.
Skills Development Planning
Legislative Training is vital in every organisation and must be stipulated as mandatory training, such as First Aid & CPR.
UNDERSTANDING WHY FIRST AID IS SO IMPORTANT
SETA Submission deadline is 30th April 2016. Have you submitted your Workplace SKills PLan and Annual Training Report yet?
SETA SUBMISSION DEADLINE
For the month of April Pay Solutions are concentrating on SETA submission and enquiries and sharing relevant information with employer’s to ensure they claim their SDL rebates.
Many Employer’s are paying SDL every month to SARS and never claim the rebates.
What is a SETA? “SETA” stands for Sector Education and Training Authority.
There are millions of people throughout South Africa who want and need to learn new skills. Some are learners who are still at school or in college. Others are already employed but need to improve the skills that they have and also learn new ones.
IMPORTANT NOTICE EXTENSION OF MANDATORY AND DISCRETIONARY GRANT APPLICATIONS DEADLINE
The merSETA hereby informs all stakeholders that the deadline for the submission of mandatory and discretionary grant applications has been extended to Tuesday, 31st May 2016.
The submission deadlines for the financial period 1 April 2016 to 31 March 2017 are now as follows: Mandatory grant submissions for merSETA levy-paying companies is Tuesday, 31st May 2016;
Large and medium-sized companies that intend to be considered for discretionary grants for PIVOTAL programmes must submit their mandatory grant application and complete the PIVOTAL plan on or before the deadline of Tuesday, 31st May 2016.
Have you been paying Skills Development Levy each month and not understood what it is about and how you can claim back for SETA?
SKILLS DEVELOPMENT LEVY (SDL)
What is SDL?
Skills Development Levy is a levy imposed to encourage learning and development in South Africa and is determined by an employer’s salary bill.
The funds are to be used to develop and improve skills of employees.
Who must pay SDL?
SDL is due by employers who have been registered.
Top Tip: Where an employer expects that the total salaries will be more than R500 000 over the next 12 months, that employer becomes liable to pay SDL.