New UIF Threshold, Effective 1st October 2012

 

Greg Beykirch  

The Association's Financial Director Greg Beykirch draws our attention to the following important notice:

“A contribution for Unemployment Insurance shall not apply to so much of the remuneration paid or payable by an employer to an employee as exceeds:

With effect from 1st October 2012 R14 872 per month (R178 464 annually)

Please ensure that your salaries/wages program is adjusted accordingly effective 1st October 2012."

Thanks Greg!

Ernest Roper
Membership Services Manager

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