Today we follow on from our previous blog post, in which we discussed the latest iteration of the UIF’s Temporary Employee Relief Scheme (TERS) initiative for the most recent lockdown periods between 16 March and 25 July 2021.
Posts with Category "UIF"
The UIF contribution ceiling has been increased from R14 872 to R17 712, effective from 1 June 2021.
In this post, we discuss the requirements for non-sectoral TERS claims which can be made from 13 April 2021.
To reduce queueing at labour centres the UIF is cutting back on red tape and engaging directly with employers. To find out more details, read our latest blog post.
In the blog today we have a reminder for individual and employer filing, as well as an update on COVID-19 TERS.
Overview of the Budget 31 conference speech by the Department of Labour, covering the announcement of an extension to COVID-19 TERS, amongst other related proposals.
A new notification will alert you of foreign employees when submitting UIF Declarations.
You can now download the files for UIF Declarations that were successfully submitted to the Department of Labour.
Update on the progress of the UIF’s processing time of submissions, especially in relation to TERS, as well as measures we are taking to aid the process.
Update on the electronic UIF submission turnaround time, provided through SimplePay.
In today’s blog we have an important update on how best to interpret employee TERS benefit entitlements and the effect of additional payments by employers to employees participating under the scheme. We shall also touch base on tracking of UIF applications, updates from SARS and cast our eyes forward with respect to ETI.
Updates on the distribution of TERS funding to employees, expansion of the TERS benefit and TERS application tracking.
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.
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.
Learners and employees who intend to repatriate must now contribute to UIF from 1 March 2018.
There has recently been an increase in the limit that must be used when UIF benefits are calculated. However, the limit for monthly contributions has not changed yet. The maximum monthly contributions are still R148.72 for employer and employee. As soon as a change to the contribution limit is announced, our system will be updated to keep you compliant.
In February, the Finance Minister announced a proposed reform that would see the UIF earnings cap reduced to R1000. This essentially means that no matter how much anyone earns, UIF deductions would only be calculated from a maximum amount of R1000.
From 1 Oct. 20012, the annual limit for income subject to UIF contributions has increased from R149,736 to R178,464. That results in a new monthly limit of R14,872 and a weekly limit of R3,432.