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:..
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