by Claire Stewart on 20/10/08 at 10:06 pm
All organisations with a payroll of more than R500k per annum are required to pay a Skills Development Levy of 1% of that payroll… BUT did you know that it is possible to claim up to 50% of that amount back?
What you need to do is:
- Register with your particular Sector Education and Training Authority (SETA) – see a list of the SETA’s below.
- Decide what training would strategically benefit your organisation and your employees best (taking into account factors such as company growth strategies, succession planning, BEE Scorecards, management grooming, upliftment programmes, employee’s career development and skill needs etc).
- Put together a training plan for the year.
- Compile and submit a Workplace Skills Plan to your SETA (the template for the Workplace Skills Plan is on your SETA’s website or you can often submit it online). The SETA training year runs from 1 April each year until 31 March the following year- the Workplace Skills Plans need to be submitted by the 30 June.
Thereafter each year your organisation will submit a Workplace Skills Plan detailing the planned training for the forthcoming year and an Annual Training Report detailing the training actually done in the past year.
It is possible to get additional grants; have a look at your SETA’s website (see below).
Give me a shout if you get stuck or just don’t have the time to do this yourself. PeopleWise provides outsourced skills development facilitation which runs the whole process.
Next time, my post will be about learnerships (based on the apprenticeship system) – they’re a good thing for a lot of reasons… good tax rebates, great for BEE Scorecards, you get to cherry-pick the best learners and you benefit South Africa’s economy – not bad!!!
List of SETA’s:
- Banking: www.bankseta.org.za
- Construction: www.ceta.org.za
- Chemical Industries: www.chieta.org.za
- Clothing, textiles, footwear and leather: www.ctlfseta.org.za
- Diplomacy, Intelligence, Defence and Trade and Industry: www.didteta.co.za
- Education, Training and Development: www.etdpseta.org.za
- Energy: www.estea.org.za
- Forestry: www.fieta.org.za
- Financial and Accounting: www.fasset.org.za
- Food and beverages: www.foodbev.org.za
- Health and welfare: www.hwseta.org.za
- Insurance: www.inseta.org.za
- Information systems, electronics and telecommunications: www.isett.org.za
- Local government, water and related services: www.lgwseta.co.za
- Media, advertising, publishing, printing and packaging: www.mappp-seta.co.za
- Manufacturing, engineering and related services: www.merseta.org.za
- Mining: www.mqa.org.za
- Primary agriculture: www.paeta.co.za
- Police, private security, legal and correctional services: www.poslecseta.org.za
- Business services: www.serviceseta.org.za
- Secondary agriculture: www.setasa.co.za
- Transport: www.teta26.co.za
- Tourism and hospitality: www.theta.org.za
- Wholesale and Retail: www.wrseta.org.za
Claire Stewart is the founder of PeopleWise, an HR and Employment consulting service. Like Neo in the Matrix, Claire sees through the convoluted mess of SA employment law and makes sense of it for you, loyal Ideate reader. View more articles by Claire Stewart.