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CLAIMING SKILLS DEVELOPMENT EXPENDITURE


According to Statement 300 of the General Amended B-BBEE Codes of Good Practice, organizations can only claim Skills Development Expenditure for learnerships if the expenses were incurred within the same financial year. This means that the relevant expenses must be recognized in the financial statements for that year. Eligible costs include stipends, training expenses, and other related expenditures. Organizations are required to maintain proper documentation to support their claims. Claiming these expenses can also positively affect the organization's B-BBEE score, reflecting a commitment to skills development and empowerment.

Based on Statement 300 of the General Amended B-BBEE Codes of Good Practice, an organisation can only claim Skills Development Expenditure for Learnerships if an organisation incurred such an expense within their financial year.

 

Evidence for a Learnership for a B-BBEE Verification under the Skills Development element include, however, are not limited to:

 

  • A signed Learnership Agreement;

  • Proof of the expenditure incurred by providing invoices and proof of payment;

  • A certified copy of a Beneficiary’s ID;

  • A completed EEA1;

  • Proof of Payslips;

  • Doctor’s confirmation of Disability (if applicable); and

  • An interview between the Learner and the B-BBEE Rating Agency conducting the B-BBEE Verification.

 

Skills Development Services  are available to assist Members with B-BBEE Verification requirements under the element of Skills Development.

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