Is UIF contribution included in taxable income?

By Marc Sevitz · Updated

Is UIF contribution included in taxable income and how is it applied?
TaxTim Marc

TaxTim Marc said:
17 September 2012 at 18:36

UIF has no affect on taxable income calculations as it is a separate tax altogether. It is levied at 1% of gross income up to a limit and does not have an impact on the taxpayer with regards to their income tax.