Skills development SETA submission - the what and why
If your business requires Skills Development to be recognised on your B-BBEE Scorecard, you will need to submit your WSP and ATR documents to the sector-specific SETA by 30 APRIL 2019. No late submissions will be accepted by the SETA.
What documents need to be submitted?
A Workplace Skills Plan (WSP): Outlines your articulated training plan for the period April 2019 – March 2020.
An Annual Training Report (ATR): A report detailing the actual training and development initiatives completed during the previous year.
These documents are key to establishing and developing a demand-led skills development system within your business. They help outline how the business will address its skills development needs in relation to the challenges of the South African workplace.
Why complete this submission?
Claim your mandatory grant: You will qualify to recover 20% of your Skills Development Levies already paid to SARS
Gain B-BBEE points: Failure to submit will leave you with no points on this element
Strategise for learnerships: Unemployed and employed, resulting in Section 12 tax rebates
Do your part for transformation by establishing a demand-led skills development system within your business
WHAT IF MY BUSINESS DOESN’T SUBMIT THIS YEAR?
Submission is not compulsory by law but failure to do so could result in:
Zero points earned for Skills Development element on the B-BBEE scorecard
Forfeiture of Mandatory and Discretionary Grants
Unsuccessful tender bids due to pre-qualifying criteria
A NOTE ON MANDATORY GRANTS:
In order for the submitted WSPR/ATR documents to be processed for Mandatory Grant payments, the following is required:
All WSPR forms must be current and not from previous years
WSPR forms must be signed by the organisation’s designated signatories
WSPR forms must be submitted on or before the 30th April 2019
Any applications for extension must reach the SETA on or before 30th March 2019
WSPR forms will only be accessible to registered and approved Skills Development Facilitators
No manual submissions will be accepted
All mandatory fields of the forms must be completed in full
Let the experts take charge…
Formulating and submitting these documents requires expert knowledge and can be highly time consuming, as can the online submissions process. That’s why it best to have your submission compiled and submitted by a qualified Skills Development Facilitator.
We are currently working on a high volume of submissions. If you need assistance, please contact our Senior HR consultant Kristy Keating on 031 764 0838 / email@example.com before 28 FEBRUARY 2019 so that we can complete and submit your application in full and on time.