It is brought to the attention of clients that the prescribed maximum remuneration in respect of UIF contributions has been increased with effect from 1 October 2012, as reflected in the following table:
- R 149 736 to R178 464 per annum, or
- R 12 478 to R 14 872 per month, or
- R 5 759,08 to R 6 864 bimonthly, or
- R 2 879,53 to R 3 432 per week.
Note that these adjustments do not affect the employee and employer contributions to the UIF.
Please ensure that this calculation is changed in your salary system as from October 2012.
You are welcome to contact Corne Moss at (021) 840 1600 or firstname.lastname@example.org if we can assist you in this regard.