On what income is UIF calculated?

The Unemployment Insurance Fund (UIF) in South Africa is calculated based on an employee’s remuneration. Remuneration includes various components of an employee’s income, such as basic salary, allowances, and certain types of benefits. These components are subject to UIF contributions. However, there are certain exclusions when determining remuneration for UIF calculation purposes. Overtime pay, commission, … Read more

Is UIF calculated on gross or basic salary?

UIF (Unemployment Insurance Fund) contributions are calculated based on your gross salary, which includes all taxable income and benefits, such as bonuses and overtime pay. The UIF contribution is deducted from your gross salary before any other deductions such as tax, medical aid, or pension contributions. However, when it comes to calculating your UIF payout, … Read more

How do I calculate my UIF payout?

The calculation of your UIF (Unemployment Insurance Fund) payout depends on several factors such as your previous income, the duration of your unemployment, and the reason for your unemployment. Here are the general steps to calculate your UIF payout: For example, if your average salary is R10,000 and your daily benefit is R333, your maximum … Read more