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The Minster of Employment and Labour has extended the TERS benefit from 16 March 2021 to 25 July 2021. Click to read more TERS Benefit Extended
Our Product Delivery Team have reviewed the TERS Extension Employer Letter dated 18 July 2021, and an updated…
The Minster of Employment and Labour has extended the TERS benefit from 16 March 2021 to 25 July 2021. Please click here to view the new Direction.
Currently no new CVS template has been made available by the Fund for this application period and it…
The Minster of Employment and Labour has published a new Direction. Please click here to view the new Direction.
The changes contained in the new Direction are indicated in red in the original sage city post:
TERS Benefit Extended from 16 October…
We are aware that some employers have received TERS letters dated 06/04/2021. The letter was sent by the Department of Employment and Labour to all employers registered for TERS earlier this month related to claims on the online portal
The information…
The Minster of Employment and Labour has extended the TERS benefit from 16 October 2020 to 15 March 2021. Please click here to view the new Direction.
The Fund has created a new template with one change to column O (Remuneration for Work Done or Work…
The Minister of Employment and Labour has withdrawn the Covid-19 TERS (Temporary Employee/Employer Relief Scheme) effective 15 October 2020.
Qualifying employers can claim TERS for qualifying employees until 15 October 2020, after this, TERS will no…
Remuneration is defined by SECTION B: THE FOLLOWING MUST BE TAKEN INTO CONSIDERATION WHEN COMPLETING THE EEA4 FORMS:
“Remuneration” means any payment in money or kind, or both in money and in-kind, made or owing to any person in return for that person…
According to Government Gazette 43693 , the TERS benefit shall remain in operation for as long as the declaration of Covid-19, in terms of the National Disaster Management Act, as a national disaster subsist or until withdrawn by the Minister, whichever…
Can someone please explain how to process the April20 TERS payment on VIP Payroll?
1. We have made the copy system and restored April 2020.
2. We restored the April20 backup into the copy system, created the TERS line on the earnings definition and…
TERS benefit applications for March 2020 to May 2020 will close on 25 September 2020,
TERS benefit applications for June 2020 will close on 15 October 2020, and
TERS benefit applications for July to 15 September 2020 will close 30 October 2020
…
The Minister of Employment and Labour published a new TERS Direction.
This Direction is effective 16 August 2020 and shall remain in operation for as long as the declaration of the Covid-19, in terms of the National Disaster Management Act, as a national…
I did copy the patch file into the VIP Premier directory. I complete the report according to the instruction receive from Sage City but I am not sure if I am doing it right. Should I complete the report from 1 July 2020 to 31 August 2020 as indicated…
An updated version to the TERS Data Report is now available on the Software Downloads page (31/08/2020).
This version of the report includes the following changes:
The option to select BCEA Remuneration as UIF Remuneration. The values extracted…
The South African Minister of Employment and Labour published a new TERS Direction .
This Direction is effective 27 June 2020 and extends the TERS benefits until 15 August 2020 with new rules.
Below is a summary of the changes/new information.
Categories…
Hi there
The previous time we claimed TERS they paid out.
This time they wanted a company registration number but we are applying for a Trust and the system does not cater for a trust number.
However according to TERS we may enter the ID number…
The Department of Employment and Labour Ministry has extended the TERS benefit until the 15th of August 2020, to align with the extension of the national state of disaster by the President of the Republic of South Africa..
The benefit structure and…
An updated version to the TERS Data Report is now available on the Software Downloads page (06/07/2020).
This version of the report includes the option to include the current month's UIF Remuneration in the Leave Income/Remuneration (during Shutdown…
hi
i have installed the update for June and have added TERS payment on the earning definition screen. it does not allow my IRP5 coloumn to be blank. when selecting not used, it will not let me save the changes as it says not all the coloumns have…
Good day,
I would like to know which report I can use to proof to UIF I paid my employees. We did not pay out the UIF money in rands but we converted the Ters Payments into Leave. The employees that received payments didnt have to take 22 day leave…
On 23 April 2020, SARS released the original PAYE BRS (V19.3) which confirmed the IRP5 code to be used for TERS payments (i.e. IRP5 code 3724).
On 25 April 2020, SARS published FAQ’s for employers to explain the tax relief measures. This page has been…
The Department of Employment and Labour has published a YouTube video explaining and illustrating the online TERS application procedure.
Please click here to view the video.
How do I apply the below in red on the VIP System(premier). How do I set off the UIF amount received againts Leave. Can I take the UIF amount and divide it by the Employee's daily rate (INC Screen) and convert the UIF payment into Leave Days.
An employer…