Minister of Finance announces changes to the Unemployment Insurance Contribution Act Threshold 2021

Minister of Finance, Tito Mboweni, has, in terms of the Unemployment Insurance Contributions Act, increased the maximum earnings threshold for UIF calculation purposes – from R14,872,00 per month to R17 712 per month, effective from 1 June 2021. 

A copy of the Government Notice can be accessed by clicking here

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