Any payment that you receive from the UIF is tax-free. This includes a pay-out as a result of being without a job or because of maternity leave. If you have taken maternity leave and are planning on or have received a payment from the UIF, you will not pay tax on this income HOW MUCH MONEY CAN WORKERS CLAIM? If you… Read More »
What should I get out in total after PAYE and UIF if my salary is R14700-00 and my overtime was R4055-17? Tax you will pay / PAYE (Pay As You Earn) for your age group and income bracket: R 2716.12 (as per PAYE tables provided by SARS)Take home pay = Gross salary – PAYE – UIF UIF… 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 »
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 »
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. … The total UIF contribution (employee + employer) must be paid monthly based on the amounts contained in the EMP201 and UI-19. The Unemployment Insurance Contributions Act, 2002 states the following:“Subject… Read More »