Legal updates and opinions
Authors
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
Department of Employment and Labour Update: What to expect in relation to the implementation of the Employment Equity sector targets
On 17 February 2025, the Department of Employment and Labour ("DoEL"), held a virtual meeting where various stakeholders and industry players met [...]
Relief for cystic fibrosis patients? The Competition Commission Closes Investigation into Vertex Pharmaceuticals
Reviewed by Rudolph Raath, Director "… poverty alleviation, the provision of high-quality education, the best health enhancing facilities or necessities, and [...]
Back to the Future: What data protection developments were there in 2024, and what lessons should SA businesses take into 2025 and beyond?
2024 was a big year for data protection in South Africa. The Information Regulator issued various enforcement notices and published [...]
Electric vehicle tax incentive: what electric vehicle manufacturers should know
Reviewed by Natalie Scott, Director and Head of Sustainability On 24 December 2024, Cyril Ramaphosa, the President of the [...]
Are raising fees similar to interest?
The tax court, in a reportable judgment handed down on 13 January 2025, considered whether raising fees are finance charges [...]
National Minimum Wage Increases For 2025
With effect from 1 March 2025, the national minimum wage will be adjusted to R28.79 for each ordinary hour worked. [...]
