Taxation

Unemployment Benefits

UFiling, Domestics, UIF TERS and Unemployment Benefits, Prestige Payrolls has you covered with all things Department of Labour related.

The Unemployment Insurance Fund can be an arduous task to navigate. Therefore, Prestige Payrolls has a well-equipped team to handle all of your UIF woes. From the COVID-19 TERS relief to achieving full Labour Compliance for your company, contact us today for assistance.

Unemployment Benefits:

Post COVID-19, the Unemployment rate in South Africa has jumped to a record high. In the second quarter of 2020, there were an estimated 7.2 million people actively searching to join the workforce, the highest statistic since 2008. In order to make the process of claiming your UIF contribution benefits a seamless task, Prestige Payrolls assists individuals aiming to withdraw funds from the UIF.

This is done electronically and therefore mitigates the task of going into Labour. If you are a retainer-based client of Prestige Payrolls, this function is included in your package – free of charge!

Click here to be access our quick links location and be directed to the UIF claiming documentation.

Domestics:

The constraints on domestic compliance are tightening daily around employers nationally. As of 10 March 2021 (Gazette No. 44250. Section 4), domestic employers are encouraged to register with the Compensation Fund without a delay. Furthermore, it is imperative that UIF contributions and declarations be regulated on a monthly basis.

UFiling:

If you are currently not making use of a payroll system but require your monthly declarations to be done, the most effective tool for your company is UFiling. Not only will the mechanism allow for a full reconciliation and upgrade of your
outstanding UIF contributions, but can also assist with the electronic claiming of UIF benefits.

Injury on Duty:

Prioritise your employees by ensuring permanent coverage and safety in the event of an injury in the workplace.

Prestige Payrolls has, over the years, formed a stable liaison with the following Compensation Commissioners:
– Rand Mutual
– BIBC
– FEM
– MIBCO
When there is an injury on duty, our clients contact us immediately. We provide our clients with the correct claim form from their chosen Compensation Commissioner. Prestige Payrolls lodges the claim for clients as well as provides clients with a claim number. We also assist with follow-up reports and final medical reports.

Prestige Payrolls accumulates these WCA figures and makes a yearly submission to the liable Compensation Commissioner in order to obtain a letter of good standing for your business. Furthermore, if your company is in need of a
payment arrangement with the WCA, we undertake all duties leading up to the initiation thereof.