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Thread: UIF maximum earnings ceiling increase 2007

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    Site Caretaker Dave A's Avatar
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    UIF maximum earnings ceiling increase 2007

    The maximum earnings ceiling used for the calculation of UIF contributions has been increased from R11 662.00 per month to R12 478.00 with effect from 1st October 2007.
    The trouble with opportunity is it normally comes dressed up as work.

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    What amount would my 1st payment be from UIF, if my gross was R24000 a month

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    Site Caretaker Dave A's Avatar
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    By my understanding, in that case your payout would be based on earnings of R12 478.00.
    I'm not sure of the percentage at the moment. Last I heard it was 40%.
    The trouble with opportunity is it normally comes dressed up as work.

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