Skills Development

Mandatory Grants (WSP submission and SDF service), Discretionary Grants (DG application and project management), SD Consulting, Learnerships (implementation and assisting providers with implementation), Training

Skills

Development

 

Work Skills Plan (WSP) submission deadline is 30 April.

Did you know that you can claim back up to 70% of the skills development levies paid to SARS, by submitting a Workplace Skills Plan to your relevant Seta?
Dot Connectors can submit this on your behalf, by working with you and aligning your WSP to your BEE and Employment Equity targets.
Mandatory Grants (WSP submission and SDF service), Discretionary Grants (DG application and project management), SD Consulting, Learnerships (implementation and assisting providers with implementation), Training.
what it is

What is it?

 
The Skills Development Act (1998) and Skills Development Levy Act (1999) provide a framework for improving the skills and employment prospects of black people. These Acts make it compulsory for certain employers to contribute a percentage of their payroll (1%) – the Skills Development levy – to a fund that can be used to train staff.
what it is

Why is it important?

 
Your Workplace Skills Plan (WSP), allows your organisation to identify areas where skills are needed and plan interventions to answer the needs. Once the organisation submits a WSP on time, by 30 April annually, a mandatory grant amounting to 20% of the levy will be paid to the organisation, ensuring that funds are made available for the implementation of training. There is also a further 50% in DG (discretionary grant) available to companies for implementing pivotal (accredited/ quality assured) training.

Benefits of a comprehensive

skills development programme

 
20% mandatory grant (of your 1% total annual payroll)
50% (or more) discretionary grant (of your 1% total annual payroll)
Tax rebates (R80 000 for abled learners, R120 000 for disabled learners)
Skills development points that will count towards your BEE score for doing the correct training
In order to claim any points on the Skills Development element on the B-BBEE scorecard (provided you are not excempt from submitting a WSP) – you MUST submit a WSP and get it approved. Failure to do this, will result in no points under SD (even if you did training) and an automatic drop in B-BBEE level for not meeting the sub-minimum target.
 
In order to claim any points on the Skills Development element on the B-BBEE scorecard (provided you are not excempt from submitting a WSP) – you MUST submit a WSP and get it approved.  Failure to do this, will result in no points under SD (even if you did training) and an automatic drop in B-BBEE level for not meeting the sub-minimum target.
About Us
Dot Connectors is a management consultancy specialising in transformation compliance in Black economic empowerment (BEE), skills development and employment equity (EE).
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33 Riley Road, Pinewood Office Park, Building 1, Ground Floor, Woodmead