FUNDING WINDOW 2020/21 FINANCIAL YEAR Opening Date: 01/09/2020 Closing Date: 25/09/2020 @ 16:30 WHO CAN APPLY? Employers in the energy and water sector are invited to submit DG Funding applications. WHAT CAN YOU APPLY FOR? FUNDING OPPORTUNITIES TARGET BENEFICIARIES? Learnerships Employed learners Skill Programmes (occupationally directed programmes) Unemployed learners Bursaries Recognition of Prior Learning (learnerships [...]
The Energy and Water Sector Education and Training is a statutory body established in terms of the Skills Development Act (1998) as amended; to advance skills levels in accordance with the National Skills Development Strategy (NSDS) III. The SETA Grant Regulations (2012), as amended, prescribe that 80% of discretionary grant must be allocated to Professional, [...]
What is a Mandatory Grant and how do I access it? The Mandatory Grant facilitates a reimbursement of training expenses incurred (both internal and external) by a compliant employer of up to 20% of their Skills Development Levy contribution, subject to: The employer being up to date with the payments of Skills Development Levies due [...]
The Department of Labour (DOL) takes non-compliance with the provisions of the Employment Equity Act and shows that they will not hesitate to bring the maximum penalty against defaulters. If you are a designated employer, you have only 2 months to prepare for your Employment Equity Report submissions. Designated employers are those that either have [...]
The BANKSETA will be opening funding windows and inviting qualifying employers to participate in projects for the 2018/2019 financial year. https://www.bankseta.org.za/downloads/bankseta-discretionary-grant-projects.pdf Please note that in all instances submission of Workplace Skills Plans by 30 April 2018 is a prerequisite for participation in projects and access to funding. The funding application window will be open until [...]
Introduction Since 2002 Eskilz has offered financial aids to both individuals and corporate in the form of Personal Finance, DTI finding and SETA Funding. Unfortunately, We have continuously had a challenge of clients not understanding or miscommunication between DTI Funding and SETA Funding. So without further ado let's break it down. DTI Funding If you [...]
In terms of the Skills Development Act, businesses with a payroll in excess of R500 000 per annum must pay a statutory tax in the form of a skills development levy (SDL). This tax must be paid regardless of whether the business trains its employees or not. The SDL amount is calculated as 1% of [...]
