Home » Industry News » Skills Training & Development News » 2023 Skills Development submission

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.

NEASA can assist you to compile and submit these reports to the relevant SETA’s. For assistance, email schalk@neasa.co.za or call on 012 332 5350.

To enquire about Cape Business News' digital marketing options please contact sales@cbn.co.za

Related articles

The retirement time bomb – Why critical industries must prepare the next generation now

The retirement time bomb - Why critical industries must prepare the next generation now By Pierre Bekker, Director at Quyn International Outsourcing As experienced workers reach...

The fragile balancing act – DER growth vs grid stability

The fragile balancing act – DER growth vs grid stability By Nishandra Bajinath, Digital Grid, Head of Sales in Sub-Saharan Africa at Schneider Electric  With the...

MUST READ

SAHHA intends to take South Africa’s rail recovery efforts from dialogue...

SAHHA intends to take South Africa’s rail recovery efforts from dialogue to delivery As South Africa’s rail sector navigates historic policy shifts, including the implementation...

RECOMMENDED