How are maternity benefits calculated in South Africa?

The UIF benefit is between 38 – 58% of your salary (up to a maximum of R12478). For example: If your salary is R12478 or more, you will receive R155. 89 per day (about R4676 p.m.). You cannot receive more than this maximum amount.

How is UIF payout calculated in South Africa?

UIF is calculated as 2% of an employee’s remuneration for UIF purposes, split evenly between the employee and employer, i.e. 1% contributed by the employee and 1% contributed by the employer. The total UIF contribution (employee + employer) must be paid monthly based on the amounts contained in the EMP201 and UI-19.

Does UIF get taxed?

The Disaster Management Tax Relief Act 13 of 2020 further clarifies this matter by stating that no Covid-19 relief is included in the definition of remuneration as defined in the ITA. This then confirms that the UIF contribution is not taxed for personal income tax purposes.

How is taxable income calculated?

Your gross income minus all available deductions is your taxable income. Compare that amount to your tax bracket to estimate the amount you’ll owe before applying any available tax credits.

Can I check my UIF balance online?

Log onto www.ufiling.co.za. Click on check my balance. Follow the instructions as they appear on your screen.

How is maternity benefit calculated?

Divide the total monthly salary credit by 180 days to get the average daily salary credit. This is equivalent to the daily maternity allowance. Multiply the daily maternity allowance by 60 (for normal delivery or miscarriage) or 78 days (for cesarean section delivery) to get the total amount of maternity benefit.

How the maternity pay is calculated?

SMP is calculated by averaging your earnings over a period of at least 8 weeks up to and including the last pay day before the end of the qualifying week. For monthly-paid employees, For weekly-paid employees, the last eight pay slips before the end of the qualifying week are taken into account.