May TERS Claims
The May TERS claims are set to open on Monday, 25th.
According to UIF they want to pay directlly into the bank accounts of the employees and the banks will validate the accounts before payment.
I"m not sure what's going to happen where employees do not have bank accounts... will have to wait and see.
They also specified that the minimum wage/payment they will pay out is R3500... and even if your employee earns normally less than R3500, you have to pay the full R3500 to them. You cannot hold any money back and must not refund the difference to UIF.
Lets hope all goes smoothly this time around.
April applications can still be made. There is no cut-off date set for April.
always fear when Christel is near....
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