Department of National Treasury & SARS
From this table it can be seen, that a business can claim up to R12,000 for the first year for every new qualifying youth that is appointed. Additionally, it can also be mentioned that SARS affords employers who invest in the training and development of their employees with additional tax incentives. Section 12(h) of the Income Tax Act provides for a deduction of R80,000 net profit after tax for a learner without a disability.So, if you were to appoint a qualifying youth and immediately invest in that youth by placing him/her on a learnership you could receive a tax incentive of R92,000 for the first year of employment. You would simultaneously provide the youth with much needed access to the job market, training and workplace experience and invest in your own business by growing a young and skilled worker to add value to your business.SARS affords multiple incentives for businesses that wish to invest in their human capital through the appointment of youth and their development through training initiatives. It would however be wise to consult with skills specialists to assist you to structure your employment and training initiatives correctly in order to take maximum advantage of the incentives available for businesses.