What is SDL (Skills Development Levy)?
A 1% levy on an employer's total payroll that funds skills training, payable if annual payroll is expected to exceed R500,000.
The Skills Development Levy is charged at 1% of the total remuneration you pay, including overtime, leave pay, bonuses and commissions. The money goes to the Sector Education and Training Authorities (SETAs) and the National Skills Fund.
You are exempt if your total payroll for the next 12 months will not exceed R500,000. Once it will, you must register for SDL and pay it monthly with PAYE and UIF on the EMP201.
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