UIF is levied at 1% of your taxable income, at most R148.72/month".

By Marc Sevitz · Updated

What do you mean by the above? Does it mean that the maximum UIF deduction is R148.72 per month off any given salary? i.e. R17,978 CTC salary - I must not deduct more than R148.72 for UIF? Thank you.
TaxTim Marc

TaxTim Marc said:
29 May 2013 at 14:28

The above should read Gross Income, apologies.

UIF is levied at 1% of Gross Income from employment which is capped at R148.72 per month. The employer also needs to pay 1% which is also capped at that amount.