SARS has increased our UIF limits so this will affect your salary as of end October 2012. The increase is significantly small but please aware that it will affect your salaries.
Those below the threshold will still pay 1% of earnings but
based on the first limit of R178 464.
Those above the threshold will fall in the second limit and the
cap is R14 872.
Please note that the UIF earnings limit has increased from:
• R149 736 to R178 464 per annum or
• R12 478 to R14 872 per month or
• R2 879.53 to R3 432 per week or
• R5 759.08 to R6 864 per bi-week
This with effect from 1 October 2012 (Government Gazette no 35715, dated 26 September 2012).
Kind regards
Ennie Josias - Human Resources
