Unemployment Insurance Contributions Act, 2002 (Act No. 4 of 2002)

Notices

Determination of Limit on Amount of Remuneration for purposes of Determination of Contribution in terms of Section 6 of the Unemployment Insurance Contributions Act, 2002 (Act No.4 of 2002)

Notice No. 475 of 2021

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Notice No. 475

28 May 2021

GG 44641

 

National Treasury

Minister of Finance

 

I, Tito Titus Mboweni, Minister of Finance, after consultation with the Minister of Employment and Labour and the Unemployment Insurance Commissioner, hereby—

 

(a) withdraw all previous notices issued under section 6(2) of the Unemployment Insurance Contributions Act, 2002 (Act No. 4 of 2002) with effect on 1 June 2021; and
(b) determine under section 6(2) of that Act that section 6(1) of that Act shall, with effect from 1 June 2021, not apply to so much of the remuneration paid or payable by an employer to an employee during any month, as exceeds R17 712.

 

 

TT Mboweni

Minister of Finance