Legal updates and opinions
Post Author
News / News
Deadline for submission of COVID-19 Temporary Employer / Employee Relief Scheme (“TERS”) applications
By Jacques van Wyk, Director and Thabisa Yantolo, Candidate Attorney
On 30 April 2020 the Department of Employment and Labour released a statement regarding the deadline for submission of applications under the COVID-19 relief scheme. The statement can be found at: http://www.labour.gov.za/department-of-employment-and-labour-dispels-myths-that-it-has-reached-deadline-for-lockdown-relief-claims.
The Department has confirmed that the deadline for doing so has not yet been reached. The period for the benefit will depend on the Memorandum of Agreement concluded between the employer and the UIF but it will not exceed 3 months. The Department has also stated that employers should continue to apply for the TERS relief benefits until the Department indicates otherwise.
Latest News
Prescription of claims: on-demand loans
A loan which is repayable on demand becomes due the moment it is advanced to the debtor. Accordingly, such a [...]
South Africa’s Business Rescue regime – firing on all cylinders?
The downturn in world economies has placed business under severe pressure in the last few years. In South Africa, the [...]
Tax amendments – 2016
INTRODUCTION The Taxation Laws Amendment Bill, 2015, the Tax Administration Laws Amendment Bill, 2015 and the Rates and Monetary [...]
The dismissal process
ISSUE When does a dismissal take place and what must be shown to prove that fact? COMMISSIONER'S DECISION [...]
QUO VADIS – business rescue or liquidation?
Going under business rescue is proving to be an increasingly attractive option for South African companies that are in financial [...]
The special voluntary disclosure programme: an update and some practicalities and predicaments
By: The Werksmans Tax Team The Special Voluntary Disclosure Programme (“SVDP”) kicked off on 1 October 2016 and runs until [...]
