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Fasset Presentation October 2009 Complying with Changes in Legislation 2009.

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Presentation on theme: "Fasset Presentation October 2009 Complying with Changes in Legislation 2009."— Presentation transcript:

1 Fasset Presentation October 2009 Complying with Changes in Legislation 2009

2 2 2 Seta Landscape DoL has not released notification regarding the future Seta landscape Once the notice is gazetted there will be a public comment phase, which will include public hearings Fasset Board preference to maintain status quo Move from Department of Labour to Department of Higher Education and Training due to take place by November 2009

3 3 3 Skills Levy Grant Cycle 20% National Skills Fund Department of Labour 80% Allocated to relevant Seta 10% 70% Seta Admin Available for Grants 50% 20% Mandatory Grant 30 June Strategic Cash Grant 31 March 100% Paid to SARS Unclaimed SDL goes into discretionary projects decided by the Management Board Unclaimed SDL

4 4 4 Funding areas for 2010/11 Lifelong Learning Learnership Cash Grant (LCG) SMME Grant Development Projects Strategic Cash Grant (SCG) Fasset Skills Advisors (limited service) General Research Numeracy and literacy research ABET (still funded via the SCG) Assessor and moderator training Tax learnership Financial markets learnership

5 5 5 LCG 2009/2010 due 31 March 2010 Learnership Cash Grant Commencement period 1 Jan to 31 Dec 2009 Firm must employ fewer than 150 Extension requests to Fasset on or before 31 Mar 2010 Grant due 31 March 2010 Higher amount for people with disabilities – R27,000 vs. R47,250 for 3-year programme

6 6 6 Tax Amendment Bill Released for public comment Documents on www.treasury.gov.za Substantial positive changes regarding the learnership tax allowance Increase in allowance for multi-year learnerships Forward your comments directly to Treasury and/or work with your professional body

7 7 7 Scarce Skills Address scarce skills People needed to fill job vacancies Tertiary education Black and/or disabled graduates Finance and accounting Predominantly small firms Refer to 2009/2010 Scarce Skills Guide

8 8 8 Free Lifelong Learning 2009/10 Register on www.fasset.org.za Sep – Oct ’09Enhancing Business Writing Skills Oct ‘09Complying with Changes in Legislation Nov ’09Innovation and Creativity Nov ‘09Organisation as a Site of Learning Excellence Launch of Disability Toolkit Dec ‘09Assessor Networking Event Feb ’10Managing Change Feb – March ’10Office Etiquette Mar ’10Introduction to the Role of SDF 2010 Mar – Apr ’10Budget & Tax Update 2010

9 9 9 Fasset Annual Report and AGM Fasset recognised by DoL (2008 National Skills Conference) as SA’s top performing Seta 3 436 learners were registered in this year – total learners registered since 2000 = 31 219 15 862 learners have completed and placed in employment LL remains a flagship initiative with 41 686 delegates attending LL since 2000

10 10 Fasset Best Practice Awards Large employer finalists 1.Deloitte 2.Ernst and Young Winner: Ernst and Young

11 11 Development Projects To address shortage of professionals in sector Funds training of learners in workplace readiness skills – which includes both soft skills and technical financial skills Learners are black and/or disabled Once employed by the company may be put forward for a Learnership Cash Grant (LCG)

12 12 Bonani Workplace Readiness Black unemployed finance graduates with B.Comm degrees or National Diplomas Offered in Gauteng, KwaZulu-Natal, Free Sate and the Western Cape Intensive 5 month Workplace Readiness Programme (WRP) including training in a ‘virtual office’ environment Contact Waldo Jonker (011) 466-3312 www.fasset.org.za for more details

13 13 Scimathus Work Readiness Assist black learners to access higher education in the Economic and Management Sciences Offered in the Western Cape Content includes academic language, study and thinking skills, computer literacy and statistics Contact Anneke Muller (021) 808-3483 www.fasset.org.za for more details

14 14 Pagamani Workplace Readiness Unemployed matriculants or incomplete qualifications to attain certificate from the AAT Candidates receive work-readiness training Learnership is designed to be completed within a year whilst working and studying Offered in Gauteng, KwaZulu-Natal, Free State and the Western Cape Contact Waldo Jonker (011) 466-3312 www.fasset.org.za for more details

15 15 Thusanani Workplace Readiness Black unemployed graduates in Gauteng with various qualifications Mentorship offered for at least 6 months after the intervention Intensive 3 month Workplace Readiness Programme (theoretical and practical) Contact Avril Peddie (011) 678-2144 www.fasset.org.za for more details

16 16 Thank You Fasset Call Centre 086 101 0001 www.fasset.org.za


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