• ETI Amendments

    As many of you will be aware the Taxation Laws Amendment Act (Annexure 1) was signed into law by the President last month. This, together with amendments to the Unemployment Insurance Amendment Act (Annexure 2), has an impact on those who offer learnerships and who utilise the Employment Tax Incentive. To assist, please find the most pertinent information outlined below: TAXATION LAWS AMENDMENT ACT The Amendment Act, on page 2, sets out the purpose of the act and it specifically references the Skills development Levies Act, Unemployment Insurance Contributions Act and the Employment Tax Incentive. Training contracts that qualify for…

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