The earnings threshold for Unemployment Insurance Fund (UIF) contributions in South Africa has been increased to R261,748.45 per year (or R21,812.37 per month), effective April 1, 2025. This represents a 2.9% increase from the previous threshold of R254,371.67 per year.
Key Points:
• New Threshold: R261,748.45 per year (R21,812.37 per month).
• Effective Date: April 1, 2025.
• Previous Threshold: R254,371.67 per year.
• Increase: 2.9%.
• Impact: Employees earning below the new threshold will be entitled to certain protections under the Basic Conditions of Employment Act (BCEA).
2021-07-04