The Skills Development Levy (SDL) is a levy imposed to encourage learning and development in South Africa and is determined by an employer's salary bill. Any company with an annual payroll of more than R500 000 must pay a levy amounting to 1% of the annual payroll. If your company is liable for the SDL, you need to register with the South African Revenue Service (SARS). Once the levy is paid, SARS distributes the payment to the National Skills Fund (NSF) which, in turn, pays the money to the various Sector Education and Training Authorities (SETAs).
Organisations which pay the skills levy may claim up to 20% of their levies back in mandatory grants – but only if they submit a Workplace Skills Plan (WSP) and an Annual Training Report (ATR). This documentation must be submitted to the relevant SETA by 30 April every year.
Submitting the documentation and following up with the authorities can be an onerous, time-consuming task. As a result, many do not claim back the portion of the levies paid which are due to them. For example, the Media, Information and Communication Technologies Sector Education and Training Authority, (MICT SETA) has more than 200 000 companies paying levies, yet only 40 000 of those submit claims.
We are here to help. The Talent Exchange will submit your WSP and ATR to the relevant SETA on your behalf, using the appropriate template required by each SETA, and follow up on the submission to ensure you receive the portion of the SDL you are entitled to.
We have the experience and expertise to complete this task on your behalf, as well as established relationships with each of the SETAs, making the task of submitting the claim a much easier, smoother process that delivers results. What’s more, our Level 1 B-BBEE status also demonstrates our own commitment to skills development.