LSB2605
ASSIGNMENT 1 (SEMESTER 2)
DUE DATE: 4 September 2023
Written Assignment Submission Guidelines:
Please ensure that your assignment is submitted electronically through the myUnisa platform no later than
4 September 2023. Kindly note that fax or email submissions will not be accepted.
NB: Assignment submitted to the lecturer(s) through email will not be considered.
QUESTION 1
Zelda is employed by Speedy Couriers (Pty) Ltd as a delivery driver earning R15,000 per month. Speedy
Couriers employs a total of ten delivery drivers and five administrative personnel.
1.1 As what type of legal entity is Speedy Couriers (Pty) Ltd registered?
ANSWER:
➢ Speedy Couriers (Pty) Ltd is registered as a private limited company, denoted by "Pty" which stands for
"Proprietary." This means it is a separate legal entity from its owners, and its liability is limited to its
assets.
1.2) Is Speedy Couriers required to register for the skills development levy? Assuming that Speedy
Couriers must register, what would its total annual payment be if all delivery drivers were paid the same
and the administrative assistants are each paid R10,000 per month?
ANSWER:
➢ Yes, Speedy Couriers is required to register for the skills development levy. The skills development levy
is a mandatory contribution to the Skills Development Fund, aimed at promoting skills development
and training within the workforce. The total annual payment would be calculated as follows:
Total administrative personnel = 5
Total delivery drivers = 10 [CONTINUED ON THE NEXT PAGE>>>]
ASSIGNMENT 1 (SEMESTER 2)
DUE DATE: 4 September 2023
Written Assignment Submission Guidelines:
Please ensure that your assignment is submitted electronically through the myUnisa platform no later than
4 September 2023. Kindly note that fax or email submissions will not be accepted.
NB: Assignment submitted to the lecturer(s) through email will not be considered.
QUESTION 1
Zelda is employed by Speedy Couriers (Pty) Ltd as a delivery driver earning R15,000 per month. Speedy
Couriers employs a total of ten delivery drivers and five administrative personnel.
1.1 As what type of legal entity is Speedy Couriers (Pty) Ltd registered?
ANSWER:
➢ Speedy Couriers (Pty) Ltd is registered as a private limited company, denoted by "Pty" which stands for
"Proprietary." This means it is a separate legal entity from its owners, and its liability is limited to its
assets.
1.2) Is Speedy Couriers required to register for the skills development levy? Assuming that Speedy
Couriers must register, what would its total annual payment be if all delivery drivers were paid the same
and the administrative assistants are each paid R10,000 per month?
ANSWER:
➢ Yes, Speedy Couriers is required to register for the skills development levy. The skills development levy
is a mandatory contribution to the Skills Development Fund, aimed at promoting skills development
and training within the workforce. The total annual payment would be calculated as follows:
Total administrative personnel = 5
Total delivery drivers = 10 [CONTINUED ON THE NEXT PAGE>>>]
