The Learnership Tax Incentive, which was introduced in the Income Tax Act on 1 October 2001, is a programme that supports skills intensity through the tax system. To encourage skills development and job creation, the Learnership Tax Incentive provides employers with an additional tax deduction over and above the normal deduction on remuneration. The additional deduction is intended to encourage vocational training through formal learnership contracts and provide accredited workplace training through the employer. To claim the allowance, the employer, learner, and an accredited training provider must enter into a formal learnership contract. Similar to all other tax incentives, when […]