Registered Public Benefits Organisation

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Are You Unlocking the Full Value of ETI?

"No other government initiative benefits the private sector and substantially impacts unemployment - know you play an integral part”

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EMPLOYMENT TAX INCENTIVE

The Employment Tax Incentive is a truly remarkable government initiative introduced in January 2014 whereby companies are encouraged to participate in alleviating unemployment at no additional cost to the company.

The private sector is greatly incentivized by government to use their PAYE portion payable to SARS to fund Skills Development in South Africa through accredited training institutions. This collaboration between the private sector and government reduces the burden on government to upskill our youth and to alleviate unemployment.

IMPLEMENTATION DONE INTELLIGENTLY

Our process embodies all the benefits available to the employer and seamlessly implement a SARS compliant ETI Programme for your organization.

There is no additional workload placed on your resources, we do it all for you, and the benefits are realized immediately from inception. Our ETI Program keeps comprehensive record on each new employee and their individual progress on training as required by SARS for verification purposes.

OUR ETI SERVICES

  • Manage all employee administration (HR/Time & Attendance/Payroll/Statutory
  • Compliance Training) on a real time web-based platform.
  • Provide comprehensive monthly reports.
  • No additional burden on HR, Finance or Procurement.
  • 24/7 support in preparation for SARS related ETI audits.
  • Service at no direct cost to employer.
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“The private sector is greatly incentivized by government to use their PAYE payable to SARS to fund Skills Development in South Africa”

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HOW EMPLOYERS PARTICIPATE

  • Employer must be tax compliant to be eligible to claim ETI.
  • The employer utilizes current monthly PAYE liability to educate and prepare the unemployed youths between the ages of 18 and 29 years.
  • Client contracts us, the service provider to recruit, train, educate and develop employee on behalf of client at no cost.

“ETI - a skills development and youth employment initiative that no business should ignore.”

ETI BENEFIT FOR EMPLOYERS

  • Replace portion of Skills Development budget for BEE verification purposes.
  • Increasing employer’s B-BBEE procurement compliance targets towards Black owned, Black female owned, EME, QSE and designated groups.
  • Create own talent pool for future absorption.
  • Government incentivize employers participating in the initiative.
  • No operational interference into any existing system or software.
  • No direct cost to employer.
  • Increase profit for distribution towards shareholders or other needs.
  • Increase monthly revenue.
  • Tax Benefit.

“Improve your economic competitiveness and social impact through strategic application of ETI incentives”

OUR DELIVERABLES

  • Recruit and provide employees with work on behalf of the client on 12-month fixed term contract
  • Manage all employee administration (HR / Time & Attendance / Payroll / Statutory Compliance Training)
  • No additional burden on HR, Finance or Procurement
  • Free assistance pertaining to ETI SARS related audits
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