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

Part I : Employment tax incentive

2. Instituting of employment tax incentive
Purchase cart Previous page Return to chapter overview Next page

 

(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.