Auditing firm KPMG has laid out its 2012 Budget Speech wish list
for job creation.
Yasmeen Suliman, KPMG tax director, has called for more concrete
ideas on how to put the proposed job subsidy into place without
compromising existing jobs.
Another step that Suliman urged Finance Minister Pravin Gordhan
to adopt was more tax benefits (such as enhanced allowances) for
on-the-job training, as opposed to the more formal
learnerships.
Thirdly, Suliman called for a tax holiday for companies, local
and foreign, that expand existing or install new manufacturing
facilities that create more than 200 jobs.
"Many commentators agree that in order for South Africa to
grow its economy and reduce social ills, job creation and skills
development must be prioritised," she added.
