Welcome to Isibani Edu
BBBEE Compliance & Optimisation
If you do not submit your company’s WSP/ATR in time, you will not able to score any points in the skills development element of your B-BBEE. No matter how much money you spent on training…it just can’t be claimed! Ask an expert to call you..Click here to Read More
The WSP/ATR & PIVOTAL reports are mandatory for a business that requires Skills Development to be recognized on their B-BBEE Scorecard. These reports need to be submitted to the applicable SETA annually before 30th April.
You really still need more reasons why you should get us to to submit for you? ..owk! Here we go…
- 20% of your skills development levy will be paid back to your company for training of your staff. You will never complain of lack of training funds again!
- Discretionary grants (Read More Funding) can only be granted to companies that have submitted their training plans to the SETA.
- “Reporting on training is part of the requirement for Employment Equity compliance, a work skills plan is a good place to start your training processes.”
- It is the starting point to request funding for training unemployed learners.
- Your company can use the WSP to apply for interns funding. If successful, this will be paid for by the SETA.
- Unemployed Learnerships get applied for through the WSP, the SETA will be responsible for the stipend (sometimes the whole amount including training).
- “Critical and scarce skills get reported, making it easier to get funding for training of skills that are scarce if a particular industry.”
Claim the Tax Rebates, save on Tax
Don’t loose out! Save up to R100K per learner in income Tax for your company. We can show you how to structure all your training in such a way that will allow your company to take full advantage of this benefit and many others! Get an expert to call you..Click here to Read More
The Taxation Laws Amendment Act of 2016 (Act No. 15 of 2016) has been improved 🙂 to take the following shape:
Section 12H of the Income Tax Act allows an employer to claim a deduction for registered learnership agreements. Before the amendment, qualifying learnership agreements had to be entered into before 1 October 2016. The Amendment Act has extended the learnership allowance to all agreements entered into before 31 March 2022.
In order to target this incentive to training learners without basic to intermediate qualifications, the value of the allowances has been revised as follows:
- For learners with qualifications in NQF level 1 to 6, the incentive increased from R30 000 to R40 000;
- For learners with a disability the allowance increased from R50 000 to R60 000;
- For learners with qualifications in NQF Level 7 or higher, the incentives have been decreased from R30 000 to R20 000.
- For learners with a disability the allowance remained at R50 000 for NQF level 7 or higher.
These amendments are deemed to have come into operation on 1 October 2016 and apply in respect of learnership agreements entered into on or after that date.
Employment Tax Incentive (ETI)
The ETI is an incentive aimed at encouraging employers to employ young work seekers. It reduces the employers’ costs of hiring young people through a cost-sharing mechanism with government, by allowing the employer to reduce the amount of PAYE payable while leaving the salary received by the employee unaffected.
It was implemented with effect from 1 January 2014, and was set to expire on 31 December 2016. The Amendment Act has extended the ETI for another two years until 28 February 2019.
Get your SETA Grants
Our clients enjoy the benefits of being funded for the training plans by their respective SETA. Get IsibaniEdu to work its magic for you! Some grants are mandatory and some are discretionary! Ask an expert to call you..Click here to Read More
Mandatory Grants are paid by the Seta if the company fulfills the requirements to receive the grants.
In order to qualify to receive the mandatory grant, the levy-paying employer has to meet the following criteria:
- Be registered in terms of the Skills Development Levies Act.
- Be an up-to-day levy-payer that is registered in terms of the Skills Development Levies Act. The skills development levy is imposed to encourage learning and development in South Africa and is determined by the employers’ salary bill. The levy is 1% of the salary bill. Companies with a wage bill of less than R500 000 do not have to pay this levy.
- All levy payments need to be up to date at the time of the approval and for the reporting period.
- Employ a skills development facilitator.
- The WSP and ATR are submitted by the required deadline.
- The WSP for the previous reporting period has been submitted and implemented according to the prescriptions for implementation by the particular SETA.
- Any employer who has a recognition agreement with a trade union will have to provide proof that WSP and ATR have been subject to consultation with recognized trade unions and they have been signed off by the relevant union.
Discretionary grants are aimed at encouraging stakeholders to contribute towards skills development. The bulk of discretional funding is directed at the provision of PIVOTAL or learning programmes, which comprise the following:
- Work Integrated Learning
- Skills programmes
All these training interventions are expected to result in qualifications or partial qualifications aligned to the National Qualifications Framework and as contemplated in the Grant Regulations.
Learnership Management - leave the admin to us!
We agree! Your business is services your clients and customers, not managing learnership and training programs! That is why we made that OUR business! Don’t let your business lose out on the many Tax Incentives presented by learnership 🙂! At the same time, don’t lose revenue while trying to juggle between learnership admin and running your business. Our business is to run your learnership, leave that to us and run your business!Click here to Read More
Our Learnership Management Services includes, but is not limited to sourcing and comparing different training providers, evaluation each training provider’s capacity and efficacy, recruiting (advertisement, interviews, aptitude test etc) of learners where the learnership is for unemployed learners, monitoring/scheduling attendance, emotional and career support and guidance, POE administration, Assessment and Moderation supervision. We handle all of it!
The purpose of the Employment Equity Act is to achieve equity in the workplace by promoting equal opportunity and fair treatment in employment through the elimination of unfair discrimination and implementing affirmative action measures to redress the disadvantages in employment experienced by designated groups, in order to ensure equitable representation in all occupational categories and levels in the workforce.Click here to Read More
Who must report?
- Any Employer who’s turnovers exceeds that of the allocated Industry Sector (Please see threshold chart)
- Employers with more than 50 employees
- Employers ordered to by bargaining council agreement
- Any Employers who volunteers
Why should companies report?
The Employment Equity Act was put in place to assist in the removal of unfair discrimination in the workplace and to promote equity. By reporting, the Department of Labour (DoL) can keep tabs on the progress that all “designated” companies are making towards this goal.
What does the DoL look out for?
- That all staff members are given an equal opportunity to rise up the ranks within an organization be it through promotion in the form of natural progress (staff member, supervisor, management etc.) or through recognized training.
- Most importantly, the DoL wants to ensure that the “equal work, equal pay” law is upheld. This basically means that if two employees both have the same job titles, both should earn, within reason, the same amount of money
Don't miss out - "Join the club"!
“Value for money” – That is the only concept that inspired the creation of Club Membership! It’s simple! If you have us as your SDF, well guess what? You have an internal training facilitator too! A multi-dimensional as well! Never again will you have to pay to send your staff to anger, personal and/or diversity management etc again (for a list of all our Club benefit course please visit Course list). As a complementary service, IsibaniEdu will conduct a thorough workplace readiness program for all learners and interns employed by our clients!
Why Choose IsibaniEdu?
Hit 3 targets at once - we are BBBEE Level 1 (EME)
If you team-up with us, you get to “win” 3-fold! The following benefits are all for the taking: Skills Development, Enterprise & Supplier Development and 135 % recognition on all spend!
On-site, Off-site, Remote-site, too-far-site? We do it all!
One of the biggest advantages of teaming up with IsibaniEdu is that you get to experience a fully dynamic service. We are able to satisfy all our clients’ needs. Be it implementing am office-based learnership for employed learners, or an outreach program in the rural outskirts of our country – we will supersede all expectations.
SETA Accredited Programs
All our programs are SETA accredited. Through our parent company The GISA we are able to offer a range of registered learnership programs the MICT SETA, FASSET, Service SETA and much more! For a full list of our program, please click here.