Blog

Blog on Employment Tax Incentive in South Africa

News, webinars, events and tips on ETI (employment tax incentive) - Youth Wage Subsidy.

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login
    Login Login form
Subscribe to this list via RSS Blog posts tagged in Understanding the Tax Implications of the Youth Wage Subsidy - Engineering News
Understanding the Tax Implications of the Youth Wage Subsidy - Engineering News Altough the controversial Youth Wage Subsidy, made possible through the Employment Incentive Act has been with us for a while, many businesses don’t realise that they should be receiving monetary benefits from it. With its extension beyond 2016 in doubt, businesses have limited time to apply for an ETI reimbursement. The Youth Wage Subsidy, which came into being through the Employment Incentive Act No 26 of 2013, allows employees to claim a deduction on the amount of PAYE they have to give to SARS based on the number and salary of qualifying employees, provided that certain conditions are met. Since its inception in January 2014, the Employment Tax Incentive been both fiercely criticised and praised. It will no doubt again draw the political spotlight towards it before it ether comes to an end in December 2016 or is extended. Read more: Understanding the Tax Implications of the Youth Wage Subsidy - Engineering...
Hits: 1426
Rate this blog entry:
10

Making a difference

The reason we help companies claim ETI is because we want to create opportunities for youth to find employment. If we can employ the youth, over 40% of whom are unemployed, we will make a significant difference in improving their lives and the state of the economy. Read more about ETI

Visit ETI on Facebook