Course Overview
Employment Tax Incentive (ETI)
This course provides a thorough understanding of the Employment Tax Incentive (ETI) and how to correctly configure, apply, and manage ETI within Deel Local Payroll in line with current legislation.
You Will Learn How To
Understand ETI Legislation and Qualifying Criteria
Understand the purpose of the Employment Tax Incentive Act, qualifying age and wage requirements, disqualifying factors, and the maximum number of months ETI can be claimed per employee.
Enable and Configure ETI in the System
Activate ETI at company level and configure the ETI component correctly within the payroll system to ensure qualifying employees are identified and the incentive is applied.
Understand How ETI Reduces PAYE Liability
Understand how the ETI incentive offsets the employer’s PAYE liability on the EMP201, how excess ETI is carried forward, and how it is refunded at the EMP501 bi-annual reconciliation.
Monitor ETI Qualifying Months
Track ETI qualifying months per employee within the system, understanding the difference between the first 12 months (higher incentive rate) and months 13 to 24 (lower incentive rate).
By the end of this course, you will have a solid understanding of the Employment Tax Incentive and be able to correctly configure and manage ETI within Deel Local Payroll, ensuring legislative compliance and accurate PAYE declarations.
Lessons: