Welcome to Fasset’s CPE : 2004 Budget & Tax Update ( March 2004 )

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Presentation transcript:

Welcome to Fasset’s CPE : 2004 Budget & Tax Update ( March 2004 )

Fasset SARS Tax Learnership GrantDeduction Fasset PDI Learnership SARS IT 180 Application Employ >150All employers R per employerR (per 18.1 L) R (per 18.2 L) Any Fasset learnershipAny learnership from any seta Fasset Y4Tax year Available nowEnd tax year

Learnerships : - 19 registered with DoL - 6 in development - +/ learners - Fasset Learnership Grant Y4 (R25000) - Fasset Learnership Grant Y5 (R tba) - Dept of Finance tax incentive

Grant Deadlines : 31/3/4Y4 Learnership (R25 000) 31/5/4Y4 SCG (10%) 31/5/4Y4 WSPIG (45%) 30/6/4Y5 WSP (10%) 31/11/4Y5 WSPIG ITR ( 50% of 45%) 31/5/5Y5 WSPIG ITR ( 45%) 31/3/5Y5 Learnership (R tba)

FSA Assistance to SMMEs : Y5 : - WSP Grant - WSPIGrant - SCGrant - Learnership Grant

Fasset, Skills Development & NSDS : - New 5 year SSP - Project spending : Learnership Readiness Project - NSDS changes : - Output (and content) vs input - Changes to grant system ( < discretionary ) - Draft : April 2004 : commentary - Possible Focus : SMMEs, PDIs, Unemployed - Launch : NSDS Conference 2004

Other Diary Items : - CPE10BEE, EE, Financial Services Charter, etc - CPE11Labour Legislation - CPE12 Budget 2005 & Tax Update - CPEL3Management & Leadership - CPEL4Personal & Social Mastery