The 2022 WSP deadline looms

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The 2022 WSP deadline looms

Ensure that you submit your Annual Training Report (ATR) and Workplace Skills Plan (WSP) to the appropriate industry SETA by no later than 30 April 2022. A South African enterprise looking to remain B-BBEE compliant on Skills Development is obliged to complete the aforementioned reports.

As per the Amended B-BBEE Codes of Good Practice October 2013, Skills Development is identified as a priority element and could account for as much as 25 points of your total B-BBEE score. Submitting your Workplace Skills Plan and Annual Training Report before the April 2022 deadline is a pre-requisite for recognising any points under Skills Development on your B-BBEE Scorecard.

Failure to submit your WSP on time will also result in forfeiting the Mandatory (20% of your Skills Development Levies Spend paid to SARS) and Discretionary (potential refunding of Learnerships, Internships and other training interventions) Grants.

Danie Krige

06/01/2022

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