FINANCIAL FORUM
Q&A: Can my Ters payment be taxed?
The Ters lockdown relief is a statutory benefit payable by the UIF and is not remuneration payable by the employer
08 June 2020 - 13:27
Q: I was laid off for four weeks and paid for one week of leave I had owing. My employer was paid the Temporary Employer/Employee Relief Scheme (Ters) benefit by the Unemployment Insurance Fund (UIF) but when it paid the benefit to me it applied tax to this money. Is that correct? — Jan, via e-mail
A: Bradley Workman-Davies, director at Werksman Attorneys, replies:..
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now