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Covid-19 relief measures on Skills Levy Contributions

President Cyril Ramaphosa's addressed the nation on 21 April 2020 regarding Covid-19 economic and social relief measures.

See the link below for details:

https://www.gov.za/speeches/president-cyril-ramaphosa-additional-coronavirus-covid-19-economic-and-social-relief

In the address the following was mentioned:

"In addition to existing tax relief measures, we will also be introducing a 4-month holiday for companies’ skills development levy contributions, fast-tracking VAT refunds and a 3-month delay for filing and first payment of carbon tax."

There has been many question how to apply the skills levy relief on the payroll.

We are currently awaiting publication of when the measures will become effective and how it will affect and be applied on your payroll.

Once more information is available, it will be posted here on Sage City.

*** We recommend not to make any changes to your payroll, until more information on the application of this relief measure is available ***