Learnership Tax Rebate Calculator

Project Cost

Able Bodied Candidates

Number of Employed Candidates

Number of Unemployed Candidates NQF 2 - 3

Number of Unemployed Candidates NQF 4 - 5

PWD Candidates

Number of Employed Candidates

Number of Unemployed Candidates NQF 2 - 3

Number of Unemployed Candidates NQF 4 - 5

Total Cost of Intervention

Project Cost

Management & Delivery p/l

Annual Stipend p/l - NQF 2 - 3

Annual Stipend p/l - NQF 4 - 5

*Illustration is based on the Project Costing Amount as Agreed between Ndivuka Django Skills Development and the Potential Client

TAX Benefits

S 12H - Able Body up to:

S 12h - PWD up to:

TAX Deduction from NPBT (%)

Taxable Allowance of S 12H of Income Tax Act

S 12H - Able Body Taxable Allowance

S 12h - PWD Taxable Allowance

Total Taxable Allowance

Tax Savings of Learnership Intervention

S 12H Tax Saving (Able Bodied)

S 12H Tax Saving (PWD)

Total S 12 H Tax Savings

TAX Deduction from NPBT

Total Tax Saving:

Cost VS Benefit Illustration

Total Cost of Intervention

Total Savings of Intervention

Annual Allowance + Completion Allowance Claim Calculations - S 12H

Annual Allowance

Completion Allowance

Duration of Learnership Agreement in the Year of Assessment (how many months left in FY)

Pro-rata Annual Allowance claimable in current year of assessment

Annual Allowance claimable in new year of assessment