SETA GRANT REGULATIONS update 25 November 2016

Below is the update from Global Business Solutions provided to us by ASDSA (Association for Skills Development in South Africa)  that can also be downloaded here!  SETA GRANT REGULATIONS: A FURTHER UPDATE In July 2016, we provided you with an update on the litigation brought by BUSA to challenge the change in the mandatory grant payment from 50% to only 20% of employer’s 1% skills development levy. In summary, the actions at the time of writing our previous update was as follows: In a Judgement, which was handed down by the…

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Seta Mandatory & Discretionary grant regulations declared invalid 21st Aug. 2015

On 3 December 2012, the SETA Grant Regulations were gazetted (Government Gazette no. 35940). These come into effect on 1 April 2013. There were many major substantial changes in the new regulations and these may have serious implications for skills development in our country. Some of the main changes were: That the mandatory grant to employers is reduced from 50% to 20%. Any unclaimed mandatory grants must be transferred by the 15 August each financial year into the discretionary fund. Discretionary grants will mainly be paid for programmes offered by public FET…

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