Small Business Law > Registrations as a New Employer > Unemployment Insurance Fund (UIF) > What Must the Employer Do Every Month after Registering with the Unemployment Insurance Fund?
What Must the Employer Do Every Month after Registering with the Unemployment Insurance Fund?
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What Must the Employer Do Every Month after Registering with the Unemployment Insurance Fund?
Once you have registered yourself and your employees with the UIF, you must do the following:
- Deduct 1% of every employee’s salary
- Add another 1% for every employee – this is paid by the employer
- Pay the 2% contribution every month to the SARS or UIF
- Declare any new employees or change in an employee’s salary to the UIF
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