Question NW850 to the Minister of Finance
02 June 2020 - NW850
Hill-Lewis, Mr GG to ask the Minister of Finance
With reference to the tax measures introduced to combat the effects of the Covid-19 pandemic, what (a) is the envisaged number of beneficiaries who will benefit from the tax subsidy of up to R500 per month for private sector employees earning below R 6 500 per month granted to employers under the Employment Tax Incentive in each province and (b) number of employers have already made use of the specified tax subsidy in each province to date?
Reply:
a) We estimate that 492 386 employees will benefit from the tax subsidy of R500 per month. The table below is breakdown per province.
Province |
Total Number |
EASTERN CAPE |
23 658 |
FREE STATE |
12 063 |
GAUTENG |
260 264 |
KWA-ZULU NATAL |
60 586 |
LIMPOPO |
9 390 |
MPUMALANGA |
17 963 |
NORTH WEST |
10 124 |
NORTHERN CAPE |
4 935 |
WESTERN CAPE |
93 403 |
Grand Total |
492 386 |
b) 10 223 companies have thus far made use of the wage subsidy for employees earning less than R6 500 per month. The table below is a breakdown of this figure per province.
Province |
Grand Total |
EASTERN CAPE |
548 |
FREE STATE |
360 |
GAUTENG |
4 890 |
KWA-ZULU NATAL |
1 144 |
LARGE BUSINESS CENTRE |
192 |
LIMPOPO |
120 |
MPUMALANGA |
258 |
NORTH WEST |
155 |
WESTERN CAPE |
2 556 |
Grand Total |
10 223 |