LEARNERSHIP GRANT APPLICATION. Learnership Funding Policy .
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Transcript of LEARNERSHIP GRANT APPLICATION. Learnership Funding Policy .
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LEARNERSHIP GRANT
APPLICATION
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Learnership Funding Policywww.inseta.org.za
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CONTENTS
General information Lead Employer Details Intended Learnership Details Learner Details Declaration of Lead Employer Annexures
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GENERAL
1 Per LearnershipGrants – Discretion of InsetaHard copy and electronicThe Inseta Programme OfficeDecisions – in writing
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GENERAL cont.
Hard copy – 31 December 2002Ensure App fully completeRejected – legislated time constraints
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Lead Employer DetailsLegal and trading namesSub-sectorsAddressesDetails of contact person – H/ORegistration / reference numbers
SIC SETA SDL COMPANY
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Lead Employer Details cont.
Business sizeSecondary employersBanking details
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Learnership Details
NameQualificationRegisteredRegistration numberProposed start / endDuration
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Learnership Details cont.
Funding dependencies other than applicant and INSETA, which may delay or impede the Learnership
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Learner Details
Currently employedUnemployedDisabled employedDisabled unemployedGendersRace groups
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Learner Details cont.
Proposed recruiting methods of unemployed learners
Which key skills priorities – SSp – Lship address
Reasons - Consider app favourablyDiversified funding base
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Learner Details cont.
Letters of support – Learners, ManagersAnticipated employment after LshipTable – currently employed – names,
race, gender, education levels, etc.
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Declaration of Lead Employer
It is an offence in terms of the Skills Development Act of 1998 to provide false or misleading information
Your application will be rejected should false or misleading information be found
INSETA reserves the right to verify the documented responses
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Declaration of Lead Employer
We declare that the information provided is correct and according to our knowledge the signatories have the authority to bind the company accordingly. Furthermore we have satisfied ourselves to the extent, nature and regulations governing the proposed Learnership Grants.
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Annexures
Sector Indicator codesSeta codes
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Additional Requirements
Grants subject to: The availability of funds. An indication of the final number or
learners within the Learnership. The Lead Employer being registered
as an INSETA levy payer. The proposal is in line with SSp
priorities.
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Successful applications
Successful applicants will be required to sign a memorandum of understanding with INSETA in respect of their proposed learnership.
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The Process
Access grant application on websiteRequest app from InsetaReturn grant app to Inseta project officeReceipt confirmedGrant app evaluatedNotification of approval / declination
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The Process cont.Briefing session by PWC Inseta and lead employer will meet to
discuss process – support and infoLearnership agreement accessed from
websiteLearnership agreement returned to
InsetaReceipt confirmed
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The Process cont.Lship agreement evaluatedNotification of approval or declinationDate of first grant3 month progress reportReceipt confirmed6 month progress reportReceipt confirmedDisburse 2nd grant
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The Process cont.3 month interval progress reportsReceipt confirmedFinal progress reportReceipt confirmedEvaluated – Accept or rejectDisburse final grantCertification requested from INSQAAchievements recorded on NLRD
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Amendment to Income Tax Act
R25 000 reduction of taxable income – Lship agreement
R25 000 reduction of taxable income – completion of Lship
DRAFT
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Cosatu concernsFears of workers being retrenched Insufficient attention to unemployedSubsidy per learner to largeEmployers hire and fire to gain benefits
of subsidyPromote retention after completionBenefit exceeds wages paid to workersSARS and COSATU have met
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Amendment to Income Tax Act
Kevin Fletcher – tax analysis director
Differential incentive – favour unemployed learners
Tax deduction linked to wages paid to learners
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Currently Employed
Sign Learnership agreementThe lesser of :70% of annual wage of learner stipulated
in the agreement of employment between learner and employer
ORR17 500
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UNEMPLOYED
Sign Learnership agreementThe lesser of :Annual wage of learner stipulated in the
agreement of employment between learner and employer
ORR25 000
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Employed / Unemployed
Completion of learnershipThe lesser of:Annual wage of learner stipulated in the
agreement of employment between learner and employer
ORR25 000
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Provide to Commissioner
Name of seta – lship agreement registeredTitle and code of Lship – Director Gen DoLName and Identification number of Learner Proof that the employer has complied with
all the requirements of the Skills Development Levies Act.