Mandatory Grant Payment Info

HomeMandatory Grant Payment Info

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 the total amount of levies received from SARS from 01 April 2020 to 31 March 2021.

2020 – 2021 Payment dates:

The prospective dates for Mandatory Grant payments are:

  • September 2020
  • December 2020
  • March 2021 &
  • June 2021

Take note that these dates may change

 

* Scheduled Payment Month

** Last Approval Date:

*Estimated Levy Months To be paid

1st Grant Payment

September 2020

End of August 2020

Apr, May & Jun 2020

2nd Grant Payment

December 2020

End of November 2020

Jul, Aug & Sep 2020

3rd Grant Payment

March 2021

End of February 2021

Oct, Nov & Dec 2020

4th Grant Payment

June 2021

End of May 2021

Jan, Feb & Mar 2021

* 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.

IMPORTANT: Payments Notification:

AgriSETA DOES NOT send 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. A 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 sent once the information has been verified by the relevant banks, audited by our auditors and uploaded by Solugrowth onto Indicium. This will be approximately five (5) working days after the actual payment.

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