… navigating through the COVID-19 LOCKDOWN scandal …
SKILLS DEVELOPMENT LEVIES (SDL)
PAYMENT HOLIDAY CONFIRMED
We previously indicated that there were differing messages coming from Government departments in respect of whether the SDL payment break was in fact a payment holiday or only a deferment of payment.
It seems that the matter has now finally been determined by virtue of the Tax Amendment Bill.
It has been confirmed that the concession is indeed a 4-month payment holiday, from 1 May 2020, and employers will not be obligated to repay the levies at a later stage.
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