Maximize Your HRDC Funds: Avoid 15% Deduction by June 2024

Important Update Regarding HRDC Levy Utilization

This newsletter update serves to inform you of a crucial update concerning your company's HRDC Levy. As of June 2024, a new regulation will be implemented that could significantly impact your available funds.

What's Changing?

Companies will face a 15% deduction on their HRDC Levy if they fail to strategically utilize their excess funds exceeding the 50% threshold. This means a potential loss of valuable resources dedicated to employee development and training programs.

How to Maximize Your Funds

To ensure you take full advantage of your HRDC Levy and avoid this deduction, here are some recommended steps:

• Review your current HRDC Levy balance.
• Identify any excess funds above the 50% threshold.
• Develop a plan to utilize these excess funds before June 2024.

We Can Help!

Our team at Iconic Training Solutions possesses extensive knowledge of HRDC Corp regulations and is dedicated to helping you maximize your levy utilization. We offer a variety of solutions, including:

• Customized In-House Training Programs: We curate programs that directly address your company's specific needs and development goals.
• Public Training Programs: Our comprehensive calendar offers a wide range of HRD Corp claimable training programs delivered at our state-of-the-art academy.
• Expert Guidance: Our sales representatives can provide personalized advice and assist you in creating a strategic plan for efficient HRDC Levy utilization.

Don't Miss Out!

Don't let this opportunity to enhance your workforce's skills and qualifications go to waste. Contact us today for further assistance:

By acting now, you can ensure you benefit from the full potential of your HRDC Levy and avoid unnecessary deductions. We look forward to assisting you in maximizing your investment in employee development.