February 2017

Zandile Skosana
Marketing and


We are gearing ourselves up for the final month of the 2017 financial year. There's a wave of excitement and a sense of accomplishment down our corridors as we are planning for the new financial period.

That all important deadline of 15 February 2017 is just around the corner for stakeholders who wish to apply for the various Fasset discretionary grants on offer.

Love is the most wonderful of all feelings in this world. It's Valentine's Day on the 14th February and what could be a better time to let your dear ones know that you love them. On behalf of the Fasset team, I am sending you smiles this Valentine's day.

Enjoy the rest of the February month!

1 Grants

Discretionary Grants

Employers are reminded that the deadline for discretionary grants is 15 February 2017. All small employers (0-49 employees) applying for the Learner Employment Grant (LEG) are reminded that learners needed to have attended one (1) of the two (2) Learner Professional Development (LPD) events. Webinars for the last event are still being held this week and next week. Employers who want to claim the LEG but whose learners have not attended an LPD event, are urged to make use of the webinars.

Mandatory Grant (MG)

The mandatory grant is due on Sunday, 30 April 2017 and the MG system is open for submissions. All of the requirements and online system manuals are on the website. If, as the Skills Development Facilitator (SDF) you do not have the log-in details for your organisation, please contact the Call Centre on 086 101 0001. Please note that the Fasset offices are not open over the deadline weekend.

Fasset Incentives Update - 2017/2018

To ensure that firms enjoy the benefits of being a member of the Seta, Fasset will be hosting the Incentives Update on the 5,6 and 7 April 2017, please diarise these dates. This update will provide stakeholders with information on our grants, particularly the Mandatory Grant. Fasset management will facilitate this workshop and will be available for questions regarding the 2017/2018 benefits. The workshop will be a morning event, running from 08h30-12h00 (registration from 08h30 to 09h00) in Gauteng, KwaZulu-Natal and Western Cape.


Work-integrated learning is needed for the TVET learners

Fasset seeks to place learners from public TVET Colleges with employers in the sector for 18 months. These are learners who have successfully completed their theory component (N4, N5 and N6 certificates); and are in need of 18 months practical experience. This practical experience will aid the learners in completing their Diplomas. Fasset will reimburse participating employers for the monthly stipend and travel allowance for each learner. Click here to download the application form for this project and join us on our skills development journey

Lifelong Learning (LL) and Learner Professional Development (LPD) events

Lifelong learning provides training support to employers of all sizes nationally, including rural areas; and content for these training events is tailor made to suit both finance and non-finance professionals in the sector. These training events are well supported by the sector, and Fasset strives to develop training events that are relevant, current and that add value to its members.

Check out the upcoming learner professional development and lifelong learning seminars for the year in our Events Calendar. Diarise the events that are most relevant to you and make your booking to reserve your seat. We look forward to hosting you at these seminars where best practice in our sector is shared.
Budget and Tax Update 2017

Fasset's Budget and Tax Update has always been Fasset's flagship lifelong learning event. Fasset will host half-day seminars countrywide from the 7 to 31 March 2016. The workshops will be facilitated by ProBeta Training. The workshops will focus on areas such as the overview of the key proposals in the 2017 budget; the Rates and Monetary Amounts and Amendment of Revenue Laws Act No. 13 of 2016 - 19 January 2017; the Rates and Monetary Amounts and Amendment of Revenue Laws (Administration) Act No. 14 of 2016 - 19 January 2017; and other relevant and interesting developments in tax, SARS administration, including important tax cases and rulings issued during 2016 and early 2017.

Seats are filling up, secure your space and click here to register your attendance online.

Fasset Webinar - Time and Stress Management - LPD

Fasset will be running a webinar on Time and Stress Management on the 14 February 2017. If you have missed an opportunity to attend the workshop, this is your change to register online and book your online session. Registrations close on the 13th February respectively. Employers who want to claim the LEG but whose learners have not attended an LPD event, are urged to make use of these webinars.


Fasset NLPs

Fasset has taken note that you have not registered as a Non-Levy Payer (NLP) in this financial year (2016/17). NLPs are required to register each financial year, if they would like to participate in the incentives that Fasset provides. Some of the incentives, still available in the 2016/17 year that can be accessed upon registration are:

  • Learner Employment Grant;
  • Lifelong Learning Budget and Tax Update (March 2017);
  • Learner Professional Development.
Download, complete and submit your NLP registration form which can be found in the Downloads section of the Fasset website (www.fasset.org.za).


Do we have your correct details?

If any of your particulars have changed, please contact Fasset at 086 101 0001 or via email at fassetcallcentre@fasset.org.za, so that we can update your details on our database. You can also login to verify or update your details.


Fraud Prevention

In order to assist Fasset in giving effect to our Fraud Prevention Plan, we encourage all stakeholders to make use of the Fasset Tip Offs Hotline 0800 205 054 to notify Fasset of any suspected fraudulent activities impacting on Fasset.

Engage with us and Win!

Congratulations to Lettie Maruping from Badiri Financial Consultants and Frederik Kotzé from Tax Shop Franschhoek (Pty) Ltd the winners of our website lucky draw competition for December 2016 and January 2017.