Skills Development Levy

Posted on Posted in Business Tips, Tax Tips

Skills Development Levy (SDL) operates also on similar rules that PAYE and many of the definitions are borrowed from the Income Tax Act. Only employers pay SDL and the rate is 1% of the same employee income on which PAYE is calculated. The payment system is through the same channels as PAYE. Employers paying annual remuneration of less than R500,000 are exempt from paying SDL.