Mandatory Grant Payments

Mandatory Grants are paid on a quarterly basis. Depending on when during the year the application is approved, an employer will receive between one (1) to four (4) mandatory grant payments. Mandatory Grant payments are calculated as 20% of total levies received from SARS from 1 April 2017 to 31 March 2018.

2017-2018 Payment dates:

The prospective dates for Mandatory Grant payments for 2017-2018 are

  • End of September 2017
  • Middle of December 2017
  • End of March 2018
  • End of June 2018

Take note that these dates may change

* Scheduled Payment Month

** Last Approval Date:

*Estimated Levy Months To be paid

1st Grant Payment

September 2017

End of August 2017

Apr, May & Jun 2017

2nd Grant Payment

December 2017

End of November 2017

Jul, Aug & Sep 2017

3rd Grant Payment

March 2018

End of February 2018

Oct, Nov & Dec 2017

4th Grant Payment

June 2018

End of May 2018

Jan, Feb & Mar 2018


* Please take note that dates of payments and the levy months to be paid are only estimates.
** Please take note that the Grant Payment process takes a full month to complete thus the reason we have final approval dates before we start with the actual payment process.

Clarification regarding Quarterly Payments:

If your application is approved by end of August 2017, you will receive 4 (four) Grant Payments for the year. Your first payment will be end of September 2017. This means you will receive levies from April 2017 to June 2017 on your first payment. Your second payment will be middle December 2017 (as per table above), your third payment will be end of March 2018 (as per table above) and your forth payment will be end of June 2018 (as per table above)

If your application is approved by end of November 2017, you will receive 3 (three) Grant Payments for the year. Your first payment will be middle December 2017. This means you will receive levies from April 2017 to September 2017 all at once. Your second payment will be end of March 2018 (as per table above) and your third payment will be end June 2018 (as per table above)

If your application is only approved by end of February 2018 you will receive 2 (two) Grant Payments for the year. Your first payment will be end of March 2018. This means you will receive levies from April 2017 to December 2017 all at once. Your second payment will then be end of June 2018 (as per table above)

If your application is only approved by end of May 2018 you will only receive 1 (one) payment for the year. Your first and only payment will be end of June 2018. This means you will receive all levies from April 2017 to March 2018 all at once.

For examples of payments, click here

Payments Notification:

AgriSETA DO NOT sent any remittances or breakdowns of payment to the Employer or SDF. AgriSETA will send a Grant Payment Letter to the registered SDF of the relevant organization via Indicium. This automatic system generated letter will include the amount paid, date paid and relevant scheme year. Copy of these letters will be available on the relevant employers file on Indicium under the section ‘Client relationship Management. It is the SDFs responsibility to inform the Employer of the Grant Payments and any other relevant information.

The grant paid letters will only be send once the information has been verified by the relevant banks, audited by our auditors and uploaded by Deloitte onto Indicium. This will be approximately five (5) working days after the actual payment.

 

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