COVID-19 ZA: Draft Disaster Management Tax Relief Bill - Skills Development Levy proposal - Setup
(Doc ID 2670765.1)
Last updated on MAY 15, 2020
Applies to:Oracle HRMS (South Africa) - Version 12.1.3 and later
Information in this document applies to any platform.
The Draft Disaster Management Tax Relief Bill released for public comment on 1 April 2020 proposes the following with regards to Skills Development Levy (“SDL”).
For a four month period from 1 May 2020 to 31 August 2020, employers who are registered for SDL do not have to calculate, declare and pay SDL.
As the payments are suspended, rather than deferred, employers will not be liable to repay the SDL due in respect of the aforementioned months at a later stage.
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