Employees
More room in the monthly budget
EduTaxBack helps reduce the pressure of qualifying education costs, so employees can keep more value from money already being spent on education.
EduTaxBack helps employees and families go further with education costs.
What is EduTaxBack?
EduTaxBack uses the SARS tax-free bursary incentive to help employees and families reduce qualifying education pressure, while giving employers a practical benefit they can offer with Stratfin's support.
Who it helps
Families
Support for education costs
The benefit can support education expenses for employees, their children, and qualifying close relatives, helping family education spend go further.
Employers
A meaningful employee benefit
Employers can offer practical support without creating a heavy internal project, while Stratfin assists with the compliance and administration flow.
Benefits of EduTaxBack
Tax-free bursary incentive
The SARS tax-free bursary incentive allows qualifying education costs to be structured in a way that reduces the tax burden for employees and families, without those costs being treated as taxable income.
Education cost relief for employees
Employees benefit directly from the reduced tax treatment of qualifying education costs, helping monthly budgets go further without needing to change how education is already funded.
Covers children and close relatives
The benefit extends beyond the employee themselves — qualifying education costs for children and close family members may also be structured within the programme's scope.
Zero-cost employer implementation
Employers can offer EduTaxBack as a meaningful staff benefit without taking on additional cost, internal administration, or resources — Stratfin carries the operational side of running the programme.
Legal and compliance fully covered
Stratfin manages the legal, compliance, and administrative requirements end to end, so employers and employees can participate with full confidence in the programme's regulatory standing.
Ongoing administration by Stratfin
From initial assessment through to submission and ongoing management, Stratfin guides the process so employers and employees always know what is needed at every stage.
How it works
Understand the expense
We review the education costs, who they relate to, and whether the employee or family member may fit the bursary benefit requirements.
Check the bursary fit
We map the information against the SARS tax-free bursary incentive and identify the supporting documents needed.
Submit and administer
Stratfin guides the submission and administration process so the employer and employee know what is needed at every stage.