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.
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.