Today’s post covers the opening of TERS applications for new claim codes, as well as some information about the recently announced benefit program for workers affected by the recent civil unrest in Gauteng and KwaZulu-Natal.
Recently businesses in South Africa have experienced numerous hardships and challenges to profitability and for some, their continued existence. As a beacon of hope and in an effort to give support and relief to those affected, National Treasury and SARS recently announced an intended R5 billion tax relief package. To relieve the economic strain being applied to businesses in South Africa currently, it was to be rolled out as soon as possible.
As promised in our last blog post, the aim of today’s post is to give an overview of the new COVID-19 TERS Direction and the process to apply for and receive TERS benefits.
In store today we have the first TERS post since our coverage of the two extended periods. If you made a refund for a period we’ll explain the reporting requirements for you to remain compliant, in addition to signposting a further extension to TERS due to adjusted alert level 4.
In this post, we discuss the requirements for non-sectoral TERS claims which can be made from 13 April 2021.
Our latest blog post covers the TERS appeals process for the two extended periods and manual bank verification for the process.
This blog post highlights important information on the TERS extension.
This blog post summarises the amendments to the Adjusted Level 3 regulations for the COVID-19 pandemic.
Our blog post today looks at the rules under adjusted level 3 from a business’s perspective, as well as providing information on the TERS dispute process.
Blog post providing you with a handy TERS FAQ, based on information from recent UIF correspondence.
Our blog post today summarises the information contained in the UIF’s update letters for TERS September / October applications.
Our latest blog post announces the opening of the TERS application period for September to October, as well as sharing some updates on the process.
Our blog post today covers the President’s latest national address, picking out some of the key points that were communicated in the speech.
Our latest blog post covers the information released in the UIF’s latest TERS update letter.
Our new blog post aims to shed some light on the newly revamped TERS process by detailing some of the changes made.
Today’s blog consists of a reminder that the first repayment of the 35% PAYE deferment is due, in addition to how you can do this.
Our blog today covers the recent overhaul of the TERS process, as well as some important changes for businesses brought by Level one of lockdown
In the blog today we have a reminder for individual and employer filing, as well as an update on COVID-19 TERS.
Today’s blog covers a possible extension to the 35% PAYE deferment, whilst also providing a reminder about interim employer filing.
Today’s blog outlines the changes brought by lockdown level 2, as well as giving a comparison between each level of lockdown
Consolidatory blog providing information on TERS applications for July and August, as well as information on employer interim reconciliation, new features and recent blogs.
Restrictions for the tourism sector under level 3 of lockdown have been eased, as detailed in our blog.
Recap of the month of July and a look ahead to what’s waiting for in August.
Overview of the Budget 31 conference speech by the Department of Labour, covering the announcement of an extension to COVID-19 TERS, amongst other related proposals.
The blog today covers an important TERS update, the duration of the main Government support measures and alternate support options for you to explore.
Processes to follow should you sadly need to end service of any type on SimplePay.
Update on technical issues experienced in TERS applications for the month of June
A brief consolidation on the TERS application process for the month of May and update on June applications.
Important reminder to only claim ETI in May, June and July 2020 for employees earning the higher of the National Minimum Wage or your sector’s minimum wage
The revised Disaster Management Tax Relief bills have given rise to ETI changes.
Closing off the month of May and level 4 of lockdown in style, this blog will give a brief overview of what’s been covered this week in our blogs, before turning to what businesses can expect under level 3 in June.
Changes to the Employment Tax Incentive Act have been announced in the Second Revised Draft Disaster Management Bill.
This blog provides details on the opening of COVID-19 TERS applications, as well outlining the key differences between this month’s and April’s processes
In this blog we reiterate points that were shared in a UIF webinar relating to TERS applications for foreign employees.
Recap blog, summarising the recent content covered over the past fortnight.
Provides an update on the foreign workers eligibility for COVID-19 TERS, as well as announcements on the OID Comp Return of Earnings deadline and relief measures.
Update on the progress of the UIF’s processing time of submissions, especially in relation to TERS, as well as measures we are taking to aid the process.
Summary of the latest guide from the UIF, aimed at providing guidance to employers, post submission. Also details for those intending to apply in May.
We have created a new system item to assist with the special tax treatment and reporting requirements for COVID-19 relief payments from various organisations, such as the South African Future Trust (SAFT).
A consolidating summary of blogs and events from this week.
In today’s blog we have an important update on how best to interpret employee TERS benefit entitlements and the effect of additional payments by employers to employees participating under the scheme. We shall also touch base on tracking of UIF applications, updates from SARS and cast our eyes forward with respect to ETI.
In this blog we update you on what has come to light from the release of the two amended disaster management bills this past weekend, as well as outlining what employers need to do if employees are returning to work under level 4 of lockdown.
This is the third in our series of lockdown recap blogs, providing a wide array of information to help you through lockdown
Updates and clarifications on the TERS payouts and employer payments, expansion of the deferment of PAYE, as well as other topical news
A summary of the key points from the Minister For Finance’s speech last Friday, outlining the path forwards.
Updates on the distribution of TERS funding to employees, expansion of the TERS benefit and TERS application tracking.
This blog summarises both updates to the TERS process and details of the new economic measures that were revealed by President Ramaphosa to aid businesses.
Employers can no longer apply to TERS via email. A new online application method is now available.
A supplementary summary of the developments that have occurred over past week, in addition to answers to further frequently asked questions.
This blog outlines the support for businesses in the Tourism and Industrial Sectors. Find out more.
Update 23 April: We have received word that the termination date is in fact needed in the CSV (after being told to leave it out) and are doing the update as a top priority. In the meantime you can populate the termination date field before downloading the CSV and use our “copy down” functionality if the date is the same for all employees. We have received confirmation that the TERS benefit paid by employers to their employees will not be subject to PAYE, SDL or UIF. You may pay this amount off-system if you choose, but we recommend waiting until we have updated our system to include a new TERS benefit item. We will send out a notification when the system has been updated.
Update 23 April: We have received confirmation that the TERS benefit paid by employers to their employees will not be subject to PAYE, SDL or UIF. You may pay this amount off-system if you choose, but we recommend waiting until we have updated our system to include a new TERS benefit item. We will send out a notification when the system has been updated.
An overview of the changes made to ETI due to COVID-19, which bring opportunities to both current participants and employers who previously did not qualify.
In an effort to alleviate payroll strain and to make the various UIF codes and forms simpler for employers to understand, we have put together a summary of how these all work.
An overview of the COVID-19 TERS scheme, detailing the requirements, rewards and process involved for businesses.
Brief overview on schemes that could provide support to businesses in general, as well as for SMMEs
On Monday 23 March, President Ramphosa announced a 21 day lockdown from 23:59 on Thursday 26 March. Read more in this blog post.
