What effect has the introduction of the Employment Tax Incentive had on youth employment probabilities in SA?
On 1 January 2014, the Employment Tax Incentive (ETI) was introduced to encourage South African employers to hire young and less experienced work seekers. DGMT took a closer look at this initiative, exploring why it was introduced and how it was being implemented. More recently, the South Africa Labour and Development Research Unit (SALDRU), based at the University of Cape Town, explored what effect the […]
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 […]