In addition, the threshold of training expenditure on black South Africans has been changed from 3% of the leviable payroll to 6%. This is not paid to SETA’s, but companies are required to monitor it for B-BBEE accreditation purposes, and companies can therefore improve their rating while uplifting company skills.
This can be daunting for many small-and even medium-sized companies, who as a result, pay the levy without participating in any training and skills development, viewing it simply as another tax. We will assist you to source training providers who will assess the business to ascertain what training your employees require. Based on this information we will:
- Register you with the relevant SETA
- Source training providers
- Arrange the training – ranging from basic computer skills to leadership and mentoring programmes
- Assist you in claiming back a percentage of the levies paid to SARS