SETA Compliance
Qualifying Small Enterprises (QSE`s) and Generic entities MUST have a SETA (Sector Education Training Authority) approved WSP (Workplace Skills Plan) in order to access any points under the Skills Development element of the scorecard.
We are able to offer full SETA compliance:
Registration with SETA
Mandatory Grant application (Workplace Skills Plan)
PIVOTAL Plans and reports
Annual Training Reports
PIVOTAL Training reports
Maximum Grant recovery from Skills levies
Who has to pay skills development levies?
Any company with an annual payroll of R500 000.00 or moreWhere are levies paid?
Levies are paid to SARS, who in turn transfers them to DHET; DHET then transfers them to the relevant SETA
What percentage is paid to SARS?
1 percent of the annual payroll is paid to SARS
BREAKDOWN OF THE 1% PAID TO SARS
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20%
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National Skills Fund
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10%
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SETA’s Administration
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0.5%
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QCTO
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30%
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PIVOTAL Grants
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19.5%
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Discretionary Grants
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20%
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Mandatory Grants
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To claim back the 20% for mandatory grants employers have to submit a Workplace Skills Plan and an Annual Training Report on or before 30 April of each year.
Feel free to contact us if you have any questions.