Fasset PresentationFasset Presentation

August to September 2009August to September 2009

Business Development & Marketing to Power Your

Business

Business Development & Marketing to Power Your

Business

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Seta Landscape

• Public hearings – date to be advised

• Seta landscape to be announced at National Skills Conference in October 2009

• Fasset Board preference to maintain status quo

• Move from Department of Labour to Department of Higher Education and Training

• New Minister – Dr Blade Nzimande

• Move to be completed by November 2009

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Skills Levy Grant Cycle

20%

National Skills FundDepartment of Labour

80%

Allocated to relevant Seta

10%70%

Seta Admin

Available for Grants

50% 20%Mandatory Grant 30 June

Strategic Cash Grant31 March

100% Paid to SARS

Unclaimed SDL goes into

discretionary projects decided by

the Management Board

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Learnership Cash Grant (LCG)

• Learnership commencement period 1 January to 31 December 2009

• Any extension applications must reach Fasset on or before 31 March 2010

• Grant due 31 March 2010

• Higher amount for people with disabilities – R27,000 vs. R47,250 for 3-year programme

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Scarce Skills

• Fasset objective is to address scarce skills in sector

• Tertiary education

• Black and/or disabled graduates

• Finance and accounting

• People needed to fill job vacancies

• Refer to 2009/2010 Scarce Skills Guide

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Sector Skills Plan 2010/11

• Outlines skills priorities in the Fasset sector for 2010/11 financial year

• Currently out for public comment

• For submission to the DoL by 31 August 2009

• Available on website for comment under Research/Sector Skills Plan section

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Tax Amendment Bill

• Released for public comment

• Documents found on www.treasury.gov.za

• Substantial and positive changes regarding the learnership tax allowance 

• An increase in the allowance for multi-year learnerships can be

• Forward your comments directly to Treasury and/or work with your professional body

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Free Lifelong Learning 2009/10

Aug / Sep Business Development and Marketing

Sep / Oct Complying with Changes in Legislation

Sep / Oct Writing Skills

Oct / Nov Innovation and Creativity

Feb Managing Change

Feb / March Office Etiquette

March Introduction to the Role of SDF

March / April Budget & Tax Update 2010

• Register on www.fasset.org.za

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Development Projects

• In order to address the shortage of professionals in the Fasset sector, Fasset funds the training of learners in workplace readiness skills – which includes both soft skills and technical financial skills

• Learners are black and/or disabled, and once employed by the company may be put forward for a Learnership Cash Grant (LCG)

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Thank You

Fasset Call Centre

086 101 0001

www.fasset.org.za