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Your 1% Skills Levy: How to Get Your 20% Rebate and Unlock the 49.5% "Big Money"
If your company's annual payroll exceeds R500,000, you are required to pay a 1% Skills Development Levy (SDL) to SARS every month. Many business owners view this as just another tax. However, this 1% levy is a strategic investment vehicle, and you are entitled to get a significant portion of it back. The SETA system is designed to give you this money back through two different "pots": Mandatory Grants and Discretionary Grants. Understanding the difference is critical to maxim

Lune Henderson
Oct 312 min read
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