Examples of Skills Development Levies Act in a sentence
The INSETA must, in accordance with any prescribed requirements to perform in accordance with the Skills Development Act (SDA), the Skills Development Levies Act (SDLA), the Public Finance Management Act (PFMA), any other relevant legislation and the Constitution.
No 61 of 2008.• Skills Development Levies Act No. 9 of 1999.• Short-term Insurance Act No. 53 of 1998.• Trust Property Control Act 57 of 1988.• Unemployment Insurance Contributions Act 4 of 2002.• Unemployment Insurance Act No. 30 of 1966.• Value Added Tax Act 89 of 1991.
Companies with an annual payroll cost less than R 500 000 are exempted in accordance with section 4 (b) of the Skills Development Levies Act, No. 9 of 1999 as amended, effective 1 August 2005.
It is therefore mandated to perform in accordance with the Skills Development Act (SDA), the Skills Development Levies Act (SDLA), the Public Finance Management Act (PFMA), INSETA constitution and any other relevant legislations.
PURPOSE OF BILL The Bill proposes to amend the Income Tax Act, 1962, the Customs and Excise Act, 1964, the Excise Duty Act, 1964, the Value-Added Tax Act, 1991, the Skills Development Levies Act, 1999, the Taxation Laws Second Amendment Act, 2008, the Mineral and Petroleum Resources Royalty (Administration) Act, 2008, the Tax Administration Act, 2011, the Customs Duty Act, 2014, the Customs Control Act, 2014 and the Tax Administration Laws Amendment Act, 2014.
A Workplace Skills Plan has been finalised and submitted to the Local Government Sector Education and Training Authority (LGSETA) in accordance with the Skills Development Act and the Skills Development Levies Act.
The Act established SETA’s and a national skills fund.• Skills Development Levies Act 9 of 1999This Act obliges employers to contribute 1% of payroll per annum to the National Skills Fund.
In terms of section 3(1) and 3(4) of the Skills Development Levies Act, 1999 (Act No. 9 of 1999 as amended), registered member companies of AgriSETA pay a skills development levy of 1% of the total payroll cost to the South African Revenue Services (SARS), who collects the levies on behalf of the Department of Higher Education and Training (DHET).
This was as a result of Government’s commitment to promote active labour markets policies and is demonstrated in the Skills Development Act of 1998 and the Skills Development Levies Act of 1999.
Additionally, the efficiency of the judicial system has improved, and there have been contributions to investment and the generation of new jobs.