Legal updates and opinions
News / News
Urgent update: COVID-19 Temporary Employer / Employee Relief Scheme (“TERS”)
by Jacques van Wyk, Director; Andre van Heerden, Senior Associate; and Thabisa Yantolo, Candidate Attorney
The Unemployment Insurance Fund (“UIF“) are accepting June Covid-19 TERS applications on their online portal. The online portal may be accessed at: https://uifecc.labour.gov.za/covid19/. The online portal provides new login rules which are aimed at preventing issues for users logging into the portal.
On 14 July, the Department of Employment and Labour published a statement in which the UIF announced that they have introduced new measures for account verification in order to eliminate fraud. These measures include a new rule that requires applicants on the TERS online portal to insert either the Enterprise number (CK/CIPC) or the ID number of the bank account holder. The purpose of this new rule is to further verify the banking details against the authorised claimant. The UIF Commissioner stated that they expect that the upfront account verification and validation prior to payment will increase the turnaround time by two days.
The full published statement may be accessed at: https://www.gov.za/speeches/employment-and-labour-measures-bank-account-verification-eliminate-fraud-14-jul-2020-0000.
Latest News
Bafana Bafana’s World Cup qualification hanging by a thread
by Brendan Olivier, Director and Daniel Gewer, Candidate Attorney Bafana Bafana's prospects of taking to the field at next year's [...]
ESG, the key to sustaining the construction sector?
by Justin Duarte, Candidate Attorney, reviewed by Natalie Scott, Director and Head of Sustainability and Jennifer Smit, Director and Head [...]
SME cashflow threats: ensuring that your security offers a protection against payment default
by Brendan Olivier, Director It's becoming all-too-common: an SME that provides goods and services on credit to a major supplier [...]
SME cashflow threats: ensuring that your contracts are worth more than the paper they are written on
by Brendan Olivier, Director When a key commercial supplier, or valued customer that is benefiting from long-standing payment terms and [...]
The Road Ahead: The SCA Gives Green Light to Vehicle Lenders “On the Road Fees” Under the NCA – Subject to Strict Disclosure Requirements
by Armand Swart, Director In a recent judgment, the Supreme Court of Appeal ("SCA") considered if, in terms of the [...]
You can’t have it both ways: Contractors who act like businesses must live with the consequences
by Bradley Workman-Davies, Director When you run your work as a business, invoice for your services, and elect to [...]