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Up! UIF earnings ceiling, contributions and benefits.

With effect from 1 October the earnings limit for UIF has been increased to R14,872 per month (R178,464 per year).  Employers and employees will continue to contribute at the rate of 1% each so maximum contributions will increase, as will maximum benefits for those employees entitled to them. Remember to update your payroll systems and EMP 201 returns!

© DotNews, 2005-2012. This article is a general information sheet and should not be used or relied on as legal or other professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your legal adviser for specific and detailed advice.
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