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THE

BEECHAMBER

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NEWS

SKILLS DEVELOPMENT & CONDITIONAL OBLIGATIONS

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Bursary expenses for employees typically do not qualify as Skills Development Expenditure if the organization can recover costs or if the grant has any conditions. However, expenses may be recognized if they are tied to the successful completion of studies within a specific timeframe or if the employee commits to a defined period of continued employment after completing their studies.

Generally, expenses on Bursaries for employees do not constitute Skills Development Expenditure if an organisation can recover any of the employee's expenses or if the grant is conditional in any way. However, the following two conditions are acceptable as part of an employee obligation whereby expenses will be recognised.

 

  • Successful completion of studies within an identified period; or

  • The continuation of employment for a stated period following the successful completion of their studies which does not extend the period of their studies.

 

Members need to consider the above when implementing Bursary strategies and agreements.  

 

Skills Development Services are available to assist Members to develop & implement Skills Development initiatives.  

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