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Unemployment Insurance Fund (UIF) South Africa

The Unemployment Insurance Fund (UIF) gives short-term relief to workers when they become unemployed or are unable to work because of maternity, adoption leave, or illness. The fund also provides relief to the dependents of a deceased contributor. The vision of the Unemployment Insurance Fund (UIF) is to strive to contribute to the alleviation of poverty in South Africa by providing effective short-term unemployment insurance to all workers who qualify for unemployment insurance and other related benefits.

Unemployment Insurance Fund (UIF) South Africa

Skills Development Levy (SDL) South Africa

SDL is a levy imposed to encourage learning and development in South Africa and is determined by an employer’s salary bill. The funds are to be used to develop and improve the skills of employees. SDL is payable by employers, who have been registered. Where an employer expects that the total salaries will be more than R500 000 over the next 12 months, that employer becomes liable to pay SDL. SDL contributions must be paid monthly along with an employer’s PAYE and UIF liabilities when submitting the EMP201.

Skills Development Levy (SDL) South Africa

PAYE (Pay as you Earn) South Africa – South African Revenue Service (SARS)

PAYE stands for Pay-As-You-Earn. It is a withholding tax on the taxable incomes of employees. Under this system, an employer is required by law to deduct income tax from an employee’s taxable salary or wages. When you earn a salary or commission from your employer – your employer is obliged to deduct tax from you monthly.

PAYE (Pay as you Earn) South Africa – South African Revenue Service (SARS)

What is KRA P9 Form

The tax deduction card also know as a P9 form in Kenya is a standard tax deduction form issued by employers to the employees with total emoluments for the year, it includes The basic salary, Benefits, Allowances, Gross pay, Pension contribution, PAYE (pay as you earn), Personal relief entitlement.

What is KRA P9 Form

How to calculate Tax Liability from Income Tax

This help document describes how you can calculate Tax Liability from Income Tax using an online income tax calculator. Step 1: Open the Income Tax Calculator Go to www.lenvica.com / Solutions / Income Tax Calculator Step 2: Fill in the basic details to start with [...]

How to calculate Tax Liability from Income Tax

How to claim HRA exemption when you are living with your parents?

Pay rent to your parents and save taxHouse Rent Allowance (HRA) is offered to almost every salaried employee. Taxpayers who have been living with their parents too can capitalise on the benefits under the Income Tax Act that allows tax deductions on house rent.You can pay rent to your parents by transferring money to their [...]

How to claim HRA exemption when you are living with your parents?

Indian Income Tax – Health and Education Cess

What is Cess? A cess is a government-imposed tax on tax, levied to raise funds for specific reasons. Generally, cess is expected to be levied when there is a need to meet specific expenditure for public welfare and discontinued once the government gets enough funds for that purpose. Cess is not the same as [...]

Indian Income Tax – Health and Education Cess
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