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Exploring the Employment Tax Incentive: why, how and could it work?

Exploring the Employment Tax Incentive: why, how and could it work?

The Employment Tax Incentive is a Government initiative, part of a multi-pronged strategy to tackle high youth unemployment in South Africa. The employer claims the incentive by reducing the total employee tax (Pay-As-You-Earn/PAYE) amount payable each month to the South African Revenue Service (SARS) by the total employment tax incentive amount for qualifying employees. It […]