If a company has been onboarded onto PaySpace from the current period, how can I backdate the Skills Development Levy contribution?
The Skills Development Levy has been configured to only calculate from the month that a company has registered for SDL with SARS. Therefore, no backing is required.
The calculation will use year to date figures if they have been captured on the Take On Year To Date Figures screen.
SDL =
(Total YTD Regular Earnings * 1%) – (Sum of the SDL contribution for the
previous months in the tax year)
Navigate > Employee > Payroll Processing > Take On Year To Date Figures > Company Contributions
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