Lockdown Recap Blog #3
This is the third in our series of lockdown recap blogs, providing a wide array of information to help you through lockdown
Month: April 2020
Lockdown Update – 29 April
Updates and clarifications on the TERS payouts and employer payments, expansion of the deferment of PAYE, as well as other topical news
Lockdown Update – 28 April
A summary of the key points from the Minister For Finance's speech last Friday, outlining the path forwards.
Lockdown Update – 24 April
Updates on the distribution of TERS funding to employees, expansion of the TERS benefit and TERS application tracking.
New System Item: TERS Benefit Payout
As part of our commitment to supporting you during these uncertain times by simplifying payroll, we have introduced a new system item: TERS Payout. To recap, TERS is a COVID-19 relief measure introduced by government which provides employers with cashflow to continue to pay employees. You can find a more in-depth recap on TERS here.
Lockdown Update – 23 April
This blog summarises both updates to the TERS process and details of the new economic measures that were revealed by President Ramaphosa to aid businesses.
Form UI-2.7 for Employees Terminated with Codes 9, 10, 17, 18 or 19
You can now download pre-populated UI-2.7 forms for employees terminated with codes 9, 10, 17, 18 or 19.
Update to TERS Application Channel
Employers can no longer apply to TERS via email. A new online application method is now available.
Lockdown Recap #2
A supplementary summary of the developments that have occurred over past week, in addition to answers to further frequently asked questions.
Support for the Tourism and Industrial Sectors
This blog outlines the support for businesses in the Tourism and Industrial Sectors. Find out more.
New Feature: COVID-19 TERS CSV Export
Update 23 April: We have received word that the termination date is in fact needed in the CSV (after being told to leave it out) and are doing the update as a top priority. In the meantime you can populate the termination date field before downloading the CSV and use our “copy down” functionality if the date is the same for all employees. We have received confirmation that the TERS benefit paid by employers to their employees will not be subject to PAYE, SDL or UIF. You may pay this amount off-system if you choose, but we recommend waiting until we have updated our system to include a new TERS benefit item. We will send out a notification when the system has been updated.
New Feature: Individual UI 19 Forms
Update 21 April: The Department of Employment and Labour has opened a dedicated UIF toll free hotline, running 8am – 10pm Monday to Friday. The number is 0800 030 007.
Lockdown Recap and FAQ #1
Update 23 April: We have received confirmation that the TERS benefit paid by employers to their employees will not be subject to PAYE, SDL or UIF. You may pay this amount off-system if you choose, but we recommend waiting until we have updated our system to include a new TERS benefit item. We will send out a notification when the system has been updated.
Support for Business – COVID-19 Employment Tax Incentive
An overview of the changes made to ETI due to COVID-19, which bring opportunities to both current participants and employers who previously did not qualify.
COVID-19 UIF Quick Reference Guide
In an effort to alleviate payroll strain and to make the various UIF codes and forms simpler for employers to understand, we have put together a summary of how these all work.