1 May 2025
Skills Development will be starting in January 2021 and we believe an early start is beneficial!
We are always surprised to hear how many companies pay over their Skills Development levies religiously every month yet never apply for grants to get the money back and upskill their staff.
Through discussions we’ve had with some of these companies, it seems that often, especially in smaller under-resourced companies, the process itself seems too onerous to take on and thus companies simply put training on the back burner.
WORKPLACE SKILLS PLAN
A Workplace Skills Plan documents the skills needs in your organisation and describes the initiatives that your company plans to undertake to fulfil those needs.
The importance of the WORKPLACE SKILLS PLAN lies in the following key points:
- Establish the skills gaps in an organisation
- It highlights the employer’s intention to address these gaps and ways in which they intend to do this
- It encourages a well-rounded approach to training and skills development
- These are but a few points on the benefits of a WSP
ANNUAL TRAINING REPORT
To qualify for money back in training grants for up to 20% of the levies paid, the company needs to submit an Annual Training Report at the end of their financial year, or along with the Workplace Skills Plan.
The Annual Training Report (ATR) is a follow-up on the WSP, as it reports on the education and training interventions that were delivered in the previous year. Basically, this report also consists of all training attendance registers, proof of expenditure, training providers used. This report will help SETA to establish whether training was done or is in the process of being done.
NOT SURE WHERE TO START?
If all this remains a daunting prospect let G & T Labour Solutions offer a Skills Development Consulting Service that will take the hassle off your hands and CLAIM for your levies paid.
Our consulting services include:
- Completion and submission of the companies WSP’s and ATR’s
- Assist in securing of SETA grants and funding
- Implementation of a Workplace Skills Plans
- Learnership implementation and management
- Learnership tax deductions and IT 180 form completion
As a bonus benefit to submitting and implementing your WSP and submitting your ATR reports, you will be also be eligible for tax rebates, and points on your B- BBEE Scorecard.
We reiterate...
TAX REBATES and POINTS ON YOUR B-BBEE SCORECARD!
