Additional employer deductions for learnerships Monetary ceiling of additional deduction for the Section 12H(2) employer when using a learnership agreement with an R30 000 employee Monetary ceiling of additional deduction for the Section 12H(3) and (4) employer for an employee completing a learnership R30 000 agreement Monetary ceiling of additional deduction for the Section 12H(5) employer involving a learnership agreement with an employee with a disability R20 000 Depreciation Description Reference to Income Tax Monetary amount Act Small-scale intellectual property Paragraph (aa) of proviso R5 000 to section 11(gC) Urban Development Zone incentive Section 13quat(10A) R5 million Miscellaneous Description Reference to Income Tax Monetary amount Act Low-cost housing Maximum cost of residential unit where that Paragraph (a) of definition residential unit is an apartment in a building of ‘low-cost residential unit’ R350 000 in section 1 Maximum cost of residential unit where that Paragraph (b) of definition residential unit is a building of ‘low-cost residential unit’ R300 000 in section 1 Industrial policy projects Maximum additional investment allowance for Section 12I(3)(a) R900 million greenfield projects with preferred status Maximum additional investment allowance for other Section 12I(3)(a) greenfield projects R550 million Maximum additional investment allowance for Section 12I(3)(b) brownfield projects with preferred status R550 million Maximum additional investment allowance for other Section 12I(3)(b) brownfield projects R350 million Maximum additional training allowance (per Section 12I(5)(a) R36 000 employee) Maximum additional training allowance for industrial Section 12I(5)(b)(i)
Additional employer deductions for learnerships Monetary ceiling of additional deduction for the employer when using a learnership agreement with an employee Section 12H(2) R30 000 Monetary ceiling of additional deduction for the employer for an employee completing a learnership agreement Section 12H(3) and (4) R30 000 Monetary ceiling of additional deduction for the employer involving a learnership agreement with an employee with a disability Section 12H(5) R20 000 Depreciation Description Reference to Income Tax Act Monetary amount Small-scale intellectual property Paragraph (aa) of proviso to section 11(gC) R5 000 Urban Development Zone incentive Section 13quat(10A) R5 million Miscellaneous Description Reference to Income Tax Act Monetary amount Low-cost housing Maximum cost of residential unit where that residential unit is an apartment in a building Paragraph (a) of definition of ‘low-cost residential unit’ in section 1 R350 000 Maximum cost of residential unit where that residential unit is a building Paragraph (b) of definition of ‘low-cost residential unit’ in section 1 R300 000 Industrial policy projects Maximum additional investment allowance for greenfield projects with preferred status Section 12I(3)(a) R900 million Maximum additional investment allowance for other greenfield projects Section 12I(3)(a) R550 million Maximum additional investment allowance for brownfield projects with preferred status Section 12I(3)(b) R550 million Maximum additional investment allowance for other brownfield projects Section 12I(3)(b) R350 million Maximum additional training allowance (per employee) Section 12I(5)(a) R36 000 Maximum additional training allowance for industrial Section 12I(5)(b)(i)