What are discretionary and mandatory seta grants?

What are discretionary and mandatory seta grants?

What are discretionary and mandatory seta grants?

Article by Dynamic DNA

The Skills Development Levy (SDL) is a mandatory monthly payment that every South African employer earning over R500 000 a year is obliged to pay. It equates to 1% of their payroll, and is paid to SARS together with monthly PAYE and UIF.

SDL is a levy imposed to encourage learning and development in South Africa. It is determined by an employer’s salary bill. These funds are to be used to develop and improve skills of employees.