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SKILLS DEVELOPMENT

 
  CLAIMING THE SDL
 
 

Mandatory grant payments are paid quarterly to qualifying companies. In the event that you qualified for a grant, but have not received your grant payment kindly contact the Finance Team at BANKSETA at 011 805 9661.

Levy Paying

  • The Skills Development Levies Act (SDLA) of 1999 requires that employers with annual payroll of R500 000-00 or more, pay a skills Development Levy (SDL) of 1% of payroll. The levies are collected by the South Africa Revenue Services (SARS) and transferred to the relevant SETA via the Department of Higher Education and Training (DHET).

Non-Levy Paying

  • Registered, non-levy paying organisations are those which do not meet the threshold payroll amount or who are levy- exempt. If you fall into this category you will still be required to participate in the skills development process in order to qualify for BANKSETA discretionary grant-funded projects
Claiming your Skills Development Levy (SDL):
  • The flowchart below depicts the flow of levies and allocation.

 

 
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