"Background I have a client who employs a large number of employees who work variable hours on the minimum wage rate. They were not able to work during the COVID-19 shutdown. In their TERS application, my client disclosed that these employees would have e
Author: The Payroll Authors Group of South Africa
Important:
This answer is based on tax law year ending 28 February 2021.
Answer:
The TERS payment allocated to the employee should be paid in full to the employee.
The method applied by TERS of calculating the benefit is prescribed in documents on the Department of Labour’s website and it is stated that the TERS benefit can be anything between R3,400 and R6,800 depending on the 38-60% scale calculation.