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 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.
Participation is voluntary.
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What amount would my 1st payment be from UIF, if my gross was R24000 a month
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%.
Participation is voluntary.
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