Directors of private companies and members of close corporations are included in the definition of “employee” in the income tax act from 1 March 2002. This means that remuneration paid to directors is subject to tax, UIF and SDL In terms of section 4 of the Unemployment Insurance Contributions Act, the Act applies to all employers and employees. None of the exclusions… Read More »
A worker’s spouse, life partner or children have the right to claim benefits from the Unemployment Insurance Fund (UIF) when the worker dies. Dependants must apply and will be paid at the labour centre of their choice. Application The Unemployment Insurance Act and Unemployment Insurance Contributions Act apply to all employers and workers, but not to – workers working less than… Read More »
Employers can register at the UIF in the following ways: Registering online Step 1: Get the necessary information (ID numbers, addresses of employers and workers) ready. Step 2: Complete the online registration forms. Note: Onlineregistration is not yet active. The best alternative will be to complete the UI-8 and UI-19 forms and submit them at your nearest UIF office for processing. After… Read More »
The question of retirement age in South Africacan be thorny at best. YEI unpacks the topic of the retirement age in South Africa Baby boomers are retiring in their scores. The only issue is that many baby boomers are not ready to retire, mostly because of financial reasons. but also because they are not ready to be “put out… Read More »
Yes UIF is payable on a bonus. My question is, when paying an annual bonus, do I calculate UIF as if the bonus is a separate month, or is it considered to be part of the same month and therefore subject to the monthly limit.It’s actually a good question. Let me answer it this way… Read More »
It can take between 5 to 8 weeks from the date your payment was submitted for you to receive your first payment. Once your application has been approved you will have to submit a UI4 form every month in order to receive your full four months claims. About Maternity Claims Q: Can I claim UIF Maternity benefits… Read More »
UIF Act and Retirement: There are no benefits linked to age or retirement at all in the UIF Main Act that relates to the benefits payable. Unemployment benefits are strictly intended for employees who have involuntarily lost their employment. There are the 5 pillars of benefits under which you can apply for benefits: Unemployment benefits… Read More »
HOW MUCH MONEY CAN WORKERS CLAIM? If you have been contributing to the Fund for four years or more, then you can claim for up to 238 days. If you have been contributing for a shorter period, then you can claim 1 day for every 6 days that you worked while you were contributing to… Read More »
How much will you get paid when you claim UIF? These two sites have a UIF calculator: www.ezuif.co.za www.uif-hero.co.za The Department of Labour takes 2 criteria into consideration: your salary over the last 4 years, and your UIF contributions over the last 4 years I entered information for someone earning R15 000 who has been working and… Read More »
Workers on maternity leave have the right to claim from the UIF. Workers must apply and will be paid at the labour centre of their choice. Application The Unemployment Insurance Act and Unemployment Insurance Contributions Act apply to all employers and workers, but not to – workers working less than 24 hours a month for an employer; learners; public servants; foreigners… Read More »