Employers are reminded that the intention of the COVID-19 TERS fund has always been to assist employees who have lost income because of COVID-19 and the regulations limiting economic activity during the different lockdown levels.
The purpose of TERS is not to supplement the employer’s payroll. If it was possible to pay employees, you will not be able to claim TERS now to be reimbursed. You might claim for June to September but you must realise that if UIF conducts an audit and find that you could afford to pay your staff and now only claim as reimbursement, you might be in trouble.
To find out how SEESA can help your business, visit our website for more: https://www.seesa.co.za/