The Skills Development Act and Skills Development Levies Act require businesses with yearly payrolls of R500 000 and over to register for Skills Development Levies (SDL).
The purpose of the Skills Development Act is to develop the skills of the South African workforce and to improve the quality of life of workers and their prospects of work.
Deadline for submitting Mandatory Grants – 30 April 2016
The Mandatory Grant is your Workplace Skills Plan (WSP) for the period 1 January – 31 December 2016 and your Annual Training Report (ATR) for the period 1 January - 31 December 2015.
Without having an approved mandatory grant, you will not be able to access other grants available from your SETA, nor can you score any points on your BBBEE scorecard for Skills Development.
We therefore urge all clients to ensure they are registered with their relevant SETA, they understand the submission requirements and start preparing for the submission of their Mandatory Grant.