South Africa’s TERS Corona Virus funding extended

Sep 9, 2020 | FYI's

“The Department of Employment and Labour has extended the Covid-19 Temporary Employee / Employer Relief Scheme (TERS) to 15 September 2020.

The TERS applies to employers who are facing distress and are unable to pay salaries due to the lockdown. The payments are part of a government-wide response to ease the burden of the pandemic and to ensure that, to the extent possible, workers are not prejudiced by the lockdown.

The applications are sent in by employers and then distributed either directly to the accounts of workers or through their employers…”

Read the rest of this article below:

https://businesstech.co.za/news/finance/431974/south-africas-ters-coronavirus-funding-extended/