The Department of Employment and Labour has issued several directives in terms of the temporary relief scheme offered to employers and employees affected by the national lockdown necessitated by the Covid-19 pandemic.
The South African Institute of Chartered Accountants issued a statement over the weekend notifying employers who have done incorrect calculations to “immediately correct” their payroll. “This is especially the case in situations where employers have processed the April payroll and paid the Ters benefits as an advance payment and additional amounts for the shortfall.”
Many employers have made contingency plans to pay their employees as normally as possible for the April payroll. However, many are not able to continue doing this for the May payroll if their operations are still fully or partially closed. An independent tax consultant did a calculation on a monthly salary of R7 000 using a formula based on the UIF legislation.Step 2: Calculate the percentage of daily income replacementThe employee would be paid 44.69% for the number of days: R230.13 x 44.69%=R102.84 . If the employer did not pay the employee at all, the amount of R102.84 x 30 days=R3 085.20 will be paid.
According to the directive, employers must credit staff for the annual leave taken “with the proportionate entitlement to paid annual leave in future”.
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