[2] IMPORTANT WAYS TO GET B-BBEE POINTS FOR YOUR SCORECARD

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B-BBEE

[2] WAYS TO GET B-BBEE POINTS FOR YOUR SCORECARD

The amended B-BBEE codes of Good Practice that are now fully implemented provide a serious challenge to companies who are finding it difficult to achieve a decent Level of Compliance.

What has also become apparent is that some businesses are not aware that the amended codes stipulate that companies must implement their B-BBEE strategies before the end of their audited financial period in order to have it recognized when renewing their B-BBEE Scorecard.

We can provide guidance/assistance to achieve your target compliance level should you still be uncertain regarding the implementation of your B-BBEE strategy. We provide expertise in all areas of the B-BBEE codes and can guide you through the process with minimum cost to company and disruption to your core business.

B-BBEE AND EMPLOYMENT EQUITY REPORTS

Companies should also be aware that the law requires that you should submit your Employment Equity Reports (where applicable) to The Department of Labour annually – failure to do so will result in significant fines and the inability to claim points on your B-BBEE scorecard.

B-BBEE AND WORKPLACE SKILLS PLANS

All businesses that wish to claim points on their B-BBEE scorecard under Skills Development, are required to submit their Workplace Skills Plans annually during March and April Failure to do so will again result in any training/skills development initiatives not being recognized for your B-BBEE scorecard.

Should you require further information or assistance please do not hesitate to contact us at info@ttacademy.co.za for a non-obligatory meeting and subsequent quotation for our services.

 

 

Amu mathebula

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