SKILLS DEVELOPMENT LEVY
The levy grant scheme, legislated through the Skills Development Levies Act, 1999, serves to fund the skills development initiative in the country. The intention is to encourage a planned and structured approach to learning, and to increase employment prospects for work seekers. Participating fully in the scheme will allow you benefit from incentives and to reap the benefits of a better skilled and more productive workforce.
These guidelines have been compiled to assist employers in understanding the basic fundamentals of the Skills Development Levies Act No. 9 of 1999 (SDL Act) and must be read in conjunction with the Income Tax Act No. 58 of 1962 (Income Tax Act) and the Tax Administration Act No. 28 of 2011.