URGENT – UIF proposals Scrapped by Treasury
- May
- 05
- 2015
We refer to previous correspondences that Treasury had announced in February 2015 the proposal for a reduction in the maximum threshold for UIF contributions to R1 000 (to have commenced on 1 May 2015).
This proposal has now been scrapped and will no longer be applicable– please continue to use the current UIF limit for maximum salary of R14 872.00 per month (i.e. R148.72 maximum contribution per employee and R148.72 per employer)
Please contact us should you have any queries in this regard.
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