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.
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.
You can now download pre-populated UI-2.7 forms for employees terminated with codes 9, 10, 17, 18 or 19.
Employers can no longer apply to TERS via email. A new online application method is now available.
A supplementary summary of the developments that have occurred over past week, in addition to answers to further frequently asked questions.
This blog outlines the support for businesses in the Tourism and Industrial Sectors. Find out more.
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.
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.
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.
