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Posts Tagged ‘PAYE’

ETI – Government Initiative Employment Tax Incentive

ETI – What is it?

Payroll, Payroll Services, Employment Tax Incentive, ETI, Tax, Sars, Youth, jobs for school leavers, job seekers, PAYE, EMP201

Payroll Services by Pay Solutions taking the hassles out of the ETI calculations

The government has initiated the ETI (Employment Tax Incentive) to assist the youth of our country and open up jobs for school leavers. The ETI is an incentive aimed at encouraging employers to hire young and less experienced work seekers. To up skill them and thus creating a skilled work force of young job seekers.Pay Solutions offer the administration of the ETI calculation as part of their payroll services.

ETI was implemented with effect from 1 January 2014.