TERS: Foreign Workers Update
In this blog we reiterate points that were shared in a UIF webinar relating to TERS applications for foreign employees.
2020
New Functionality: Download Responses to Electronic UIF Submissions
New feature for UIF submissions: now both submissions and responses from the UIF can be downloaded for better record keeping.
Lockdown Recap Blog #5
Recap blog, summarising the recent content covered over the past fortnight.
Annual Employer Reconciliation Period Deadline
A friendly reminder about the employer annual reconciliation deadline, as well as information for individual tax returns.
Interest Rate Change for Employer Loans
As a result of the latest repo rate change, the official interest rate for employer loans will change effective 1 June 2020.
TERS for Foreign Employees and OID Comp Return of Earnings
Provides an update on the foreign workers eligibility for COVID-19 TERS, as well as announcements on the OID Comp Return of Earnings deadline and relief measures.
Submitted Files of UIF Declaration Now Available
You can now download the files for UIF Declarations that were successfully submitted to the Department of Labour.
UIF Submissions Update: 18/05/2020
Update on the progress of the UIF’s processing time of submissions, especially in relation to TERS, as well as measures we are taking to aid the process.
COVID-19 TERS Update
Summary of the latest guide from the UIF, aimed at providing guidance to employers, post submission. Also details for those intending to apply in May.
New SARS Code and System Item for Disaster Relief Funds
We have created a new system item to assist with the special tax treatment and reporting requirements for COVID-19 relief payments from various organisations, such as the South African Future Trust (SAFT).