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Mar 2, 20231 min read

2023 SKILLS DEVELOPMENT SUBMISSION

Cape Business News | 1 March 2023

Summary The Annual Workplace Skills Plan (WSP) and Annual Training Report (ATR) submission is approaching, with a deadline of 30 April 2023. By submitting this report, companies can: Claim a 20% mandatory grant of their Skills Development Levy (SDL) Maximize BEE points under the Skills Development priority element Identify and address skills gaps in their organization Apply for discretionary grant funding to address critical and scarce skill shortages Key Characters and Requirements: Companies: Required to submit the Annual Workplace Skills Plan (WSP) and Annual Training Report (ATR) Skills Development Levy (SDL): A levy paid by companies, 20% of which can be claimed back as a mandatory grant BEE (Broad-Based Black Economic Empowerment): A South African policy that rewards companies for skills development and other empowerment initiatives Skills Gaps: The difference between the skills required for a job and the skills employees actually possess Discretionary Grant: Funding available to address critical and scarce skill shortages in an industry Submission Deadline: 30 April 2023

Pic source: https://neasa.co.za/2023-skills-development-submission


IT is time to submit your annual Workplace Skills Plan/Annual Training Report again. Do not delay and start early with your preparations to ensure a successful submission for your company.

Companies can qualify for skills development incentives by submitting an Annual Workplace Skills Plan (WSP) and Annual Training Report (ATR). By submitting this report, businesses will benefit in the following ways:

  • qualify to claim back a ‘mandatory grant’ of 20% of your Skills Development Levy (SDL);

  • maximising points earned under the Skills Development priority element for BEE;

  • highlighting skills gaps in your organisation – the difference between the skills required for a job and the skills employees actually possess;

  • implementing training to minimise these skills gaps; and

  • applying for ‘discretionary grant’ funding to address ‘critical and scarce skill shortages’ identified in your industry.

The deadline for the submissions is 30 April 2023.


‘Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER’.



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