Author Archives: Alfred

NSFAS applications open

NSFAS applications open  Applications for the National Student Financial Aid Scheme (NSFAS) are now open for those who missed the deadline last year. Those hoping to study at public universities have until 20 January to apply for financial aid. For potential students of technical and vocational education and training(T-VET) colleges 14 February is D-Day. The… Read More »

Is UIF calculated before or after tax?

CALCULATING UNEMPLOYMENT INSURANCE FUND (UIF) CONTRIBUTIONS UIF is Calculated on gross income. The calculation of UIF is not a simple matter of applying 1% to the gross pay of an employee. The calculation of the amount of income that is subject to UIF, is set out in the UIF Act and the Income Tax Act.… Read More »

University of Venda NSFAS 2024Details

University of Venda NSFAS 2024Details Students who wish to apply for financial assistance must do so as soon as possible. A National Means Test for NSFAS loans will determine the amount payable by each student. The expected family contribution will differ for individual students, depending on his/her unique circumstances. The National Means Test will take… Read More »

What is the maximum UIF payment?

UIF is calculated as 2% of an employee’s remuneration for UIF purposes, split evenly between the employee and employer, i.e. 1% contributed by the employee and 1% contributed by the employer.  Remuneration for UIF purposes is the employee’s remuneration, less certain exclusions such as commission, and is subject to a monthly income cap of R14 872. The… Read More »

NSFAS Notice To all current university/ TVET college students already funded by NSFAS

NSFAS Notice To all current university/ TVET college students already funded by NSFAS NSFAS is in a process to receive all your information and details from the university/college where you are currently enrolled. You will be automatically migrated to the student-centred model, and will be notified by SMS/post once NSFAS has received and registered your… Read More »

Does UIF expire?

Does the right to claim a UIF dependants’ benefit expire? Question: hi I’m Thobile my dad died in 2012 n we r 3 beneficiaries we got paid for his provident fund what I would like to know is that can we still claim for his uif or his wife has the ryt since he was… Read More »