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In the 2015 Budget, the Minister proposed to reduce the remuneration threshold against;which contributions to the UIF are calculated from the current monthly amount of R14 872 to;R1 000, for a period of one year. The proposal was aimed at providing support to the;economy by allowing workers and employers to keep and use for themseleves R15 billion that would otherwise have gone to UIF. The UIF currently has an accumulated surplus of more than R72billion, which is well in excess of annual expenditure on benefits. The UIF proposal was also intended to reduce the rate of accumulation of this surplus.
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Employers please remember to file your annual declaration by 5pm Friday 30 May 2025 for the period March 2024 to February 2025. Contact help@payslip.co.za if you need any assistance
...We are in the process of updating the information on our new website so please bear with us. If you have any queries or if we can assist in any way please email help@payslip.co.za
...SOUTH AFRICAN PAYSLIP REQUIREMENTS (Basic Conditions of Employment Act – Section 33) Under the Basic Conditions of Employment Act (BCEA), Section 33, employers are legally required to provide each employee with a written payslip every time they are paid. The payslip must contain the following information: Employer Details: Employee Details:...
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