Can Generic Company's also make use of ETI benefit or is it only applicable to SMME's?

Hi Marina

Please click here to navigate to the SARS website on more information regarding ETI

You need to be a qualifying employer in order to claim ETI:

• The employer is eligible to claim the ETI if the employer–
  • Is registered for Employees’ Tax (PAYE), or must be eligible to register for PAYE (e.g. the employer can't register just to claim ETI, other registration requirements must be met)
  • Is not in the national, provincial or local sphere of government
  • Is not a public entity listed in Schedule 2 or 3 of the Public Finance Management Act (other than those public entities designated by the Minister of Finance by Notice in the Gazette)
  • Is not a municipal entity
  • Is not disqualified by the Minister of Finance due to the displacement of an employee or by not meeting the conditions as may be prescribed by the Minister by regulation.