– 1% for employee and employer
– Limited to R148.72 each per month
R148.72 employee
R148.72 employer
R297.14 total
– 1%
– -Payroll of >R500 000 annually
Who qualifies:
– 18 to 29 years old
– Not domestic worker / connected person
Benefit:
– R1 000 for employees earning up to R4 500 (previously R4 000)
– Reduced to nil at the maximum monthly income of R6 500 (Previously R6 000)
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