Get your Tax Return DONE in 20 minutes or less with TaxTim!
Click here
UIF is levied at 1% of your taxable income, at most R148.72/month".
Posted 29 May 2013
What do you mean by the above? Does it mean that the maximum UIF deduction is R148.72 per month off any given salary? i.e. R17,978 CTC salary - I must not deduct more than R148.72 for UIF? Thank you.
UIF is levied at 1% of Gross Income from employment which is capped at R148.72 per month. The employer also needs to pay 1% which is also capped at that amount.