Unemployment levels in South Africa are of the highest in the world. Rates consistently exceeding 20% include a large portion of our youth, the very generation that the future of our country depends on.
In an effort to address this challenge, the employment tax incentive (“ETI”) scheme created under the Employment Tax Incentive Act, No 26 of 2014 (“ETI Act”) was introduced with the purpose to encourage employers to employ young job seekers, by giving an incentive and tax benefit for the employer.