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Treasury drops its proposal to reduce for a year contributions to UIF

Finance Minister Nhlanhla Nene has dropped a proposal to reduce, for the period of a year, contributions to the Unemployment Insurance Fund (UIF) after consultation with business and labour, the Treasury said on Thursday.

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Minister to launch probe into miners’ missing pension money

The government is on the verge of appointing a task team to probe the whereabouts of pension funds belonging to mineworkers.  

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Get set for 29 May deadline for PAYE reconciliation returns


South African employers have until 29 May to file their annual PAYE reconciliation returns for the 2015 tax year (1 March 2014 to 28 February 2015) if they are to avoid paying penalties to SARS. This means that you must reconcile and submit your PAYE, SDL and UIF contributions for the period by the deadline, even if you have just one employee on your payroll.

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Majority of Domestics don’t have UIF

80% of domestic workers in South Africa are without Unemployment Insurance Fund (UIF) coverage.  

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Solidarity welcomes proposal to reduce UIF contributions

Trade union Solidarity welcomed the proposal of the Department of Finance to reduce contributions to the Unemployment Insurance Fund (UIF) from a maximum of R297,44 per month to a maximum of R20 per month.

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