Employment Tax Incentive Act, 2013 (Act No. 26 of 2013)

Part I : Employment tax incentive

2. Instituting of employment tax incentive

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(1)An incentive, called the employment tax incentive, in order to encourage employment creation is hereby instituted.

 

(2)If an employer is eligible to receive the employment tax incentive in respect of a qualifying employee in respect of a month, that employer may reduce the employees’ tax payable by that employer in an amount determined in terms of section 7 or receive payment of an amount contemplated in section 10(2), unless section 8 applies.