The new UIF contribution ceiling has come into effect on 1 June 2021.
Employees will now be required to contribute 1% of their remuneration to the UIF up to the new maximum threshold of R17 712 per month, being R177.12 plus the 1% contribution by the Employer equalling R354.24 in total.
This constitutes a raise of R2840 from the previous cap of R14 872.
Should you require assistance with your company’s UIF & Contribution Fund kindly contact nidene@seesa.co.za
To find out how SEESA can help your business visit our website for more:
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