Socio-Economic Development

Socio-Economic Development

Criteria

Weighting Points

Compliance Target

 

Annual value of all Qualifying Socio-Economic Development contributions by the Measured Entity as a percentage of the target.

5

1% of NPAT

 

 

Bonus Points:                                                          Status as TOMSA levy collector.

 

3

 

Yes

 
           

Key Principles:

  • Only contributions done within the measurement period can be taken into account.
  • Cumulative contributions are no longer recognized under the Revised Codes.
  • At least 75% of the value of the contributions must benefit Black South African citizens in order for the full contribution to be recognized.

Socio-Economic Development Benefit Factor MatrixPicture_1.pngPicture_2.png

 

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