Course Overview
This course provides a comprehensive understanding of the Employment Tax Incentive (ETI) program, focusing on its basic principles, eligibility criteria, and calculation methods. Participants will learn about the ETI program’s impact on employers and employees and how to utilise the ETI toolkit effectively. Through practical examples and case studies, participants will develop the necessary skills to navigate the ETI system and optimise their tax incentives. Â
Who should attend
- Customers who utilise ETI in their business
- Business Partners
Employment Tax Incentive Basic Principles Training Course Outline
What you will learn
- Understand the purpose of Employment Tax Incentives (ETI).
- Identify the relevant fields applied during the extended ETI relief periods.
- Classify if an employer is eligible to claim ETI.
- Qualify an employee for ETI based on the relevant criteria.
- Apply the Wage Qualifying Test, including component configuration.
- Define monthly remuneration and configure relevant components of ETI.
- Understand the significance of qualifying periods when using ETI and setting up the components.
- Calculate ETI in weekly and monthly frequencies using the ETI Calculator.
- Apply the ETI Override Components in relevant scenarios.
- Extract EMP501 ETI Breakdown and Component Variance Report to validate ETI data.
- Apply the Toolkit to assist customers with support queries and new implementations.
Employment Tax Incentive ETI Take on Training Course Outline
What you will learn
ETI Take On:Â
- Apply guidelines for processing an ETI Take On before the first live run.
- Update the Note Component and ETI Period Count when the first live run is in March.
- Apply corrections using Bulk Actions, specifically the Employee ETI Take On action type.
ETI Data Validation:Â
- Extract relevant reports to validate ETI data for year-to-date take-ons and ETI data displayed on the Payslip Edit Screen.
- CSV Tax File and Tax Codes:
- Understand the tax codes included for ETI data in the CSV Tax File.
More information
Some of our training is in-person and others virtual, be sure to read below to understand what options are available to you.
Requirements
An Internet Line Speed of 4Mbps.
Duration
2 x 4-hour Sessions (08:30 – 13:00 GMT +2)Â
Assessment (Must be completed within a week of your training)Â
Cost
R3 000 excl. VAT per delegate  or $187.50
Training Confirmation
Upon booking for Employment Tax Incentive Training , you will receive an e-mail specifying the course details.
Invoice & Payment
For registered customers:
Once the booking has been confirmed, the cost of the course will be invoiced to your PaySpace account.
Cancellation charges may be applicable
We know that life happens.
Cancellation policy?
More than 14 days before training: refund applicable.
Less than 14 days: You may substitute an attendee but no refund will be issued.
Please ensure substitute details are confirmed 24 hours before the scheduled training.
Booking Information
Kindly note that your training request is booked when you receive a training confirmation. Alternative training dates will be advised by the Training Administrator for fully booked training sessions.