Legal updates and opinions
News / News
Urgent update: COVID-19 Temporary Employer / Employee Relief Scheme (“TERS”) extension
by Jacques van Wyk, Director; Andre van Heerden, Senior Associate; and Thabisa Yantolo, Candidate Attorney
On 21 July 2020, the Department of Employment and Labour (“Department“) announced that the Covid-19 TERS benefit would be extended to 15 August 2020.
The benefit structure and criteria will remain the same as that which applied in April, May and June 2020. However, the Department is considering closing the April, May and June applications at the end of July 2020. The valid applications already received will still be processed.
The full statement may be accessed at: http://www.labour.gov.za/employment-and-labour-ministry-announced-extension-of-covid19-relief-payments-until-august-15-in-budge-vote.
Latest News
Urgent update: October 2020 extension of the COVID-19 Temporary Employer / Employee Relief Scheme
by Jacques van Wyk, Director; Andre van Heerden, Senior Associate; and Thabisa Yantolo, Candidate Attorney On 17 November 2020 the [...]
Werksmans Tax Brief
by Ernest Mazansky, Head of Tax Practice, Werksmans Attorneys 2020 Tax Amendments Introduction On 28 October 2020, when the Minister [...]
The Deposit Insurance Funding model and the implications for banks
by Tracy-Lee Janse van Rensburg, Director and Juliet Siwela, Candidate Attorney The South African Reserve Bank ("SARB") recently published a [...]
Potential Emigrants, Beware
By Anuschka Wischnewski, Associate Reviewed by Ernest Mazansky, Head of Tax Practice Currently, the Income Tax Act, 1962 (the Act) [...]
Proposed Amendments to the Domestic Violence Act
by Dakalo Singo, Director Domestic violence – and gender-based violence in particular – is arguably the most significant societal plague [...]
IFLR1000 Rankings
IFLR1000 has released its latest rankings which reflects our market standing within the financial and corporate practice areas. This is a [...]
