With all the back and forth and changes to the TERS scheme process employers would be forgiven for making a mistake or two. Unfortunately, mistakes could lead to the application being rejected.
Some of the areas we expect mistakes likely to arise include:
- Employers submit a TERS application including a submission for the pay expected to be made to employees during the lockdown. However, they fail to check that their TERS submission ties to their payroll. A s a result their monthly submission to the Department of Labour (DoL) doesn’t tie up causing the DoL to reject (or delay) their application;
- Employers decide to advance money to their employees and not wait for the UIF benefits. However, the employer treats this incorrectly as remuneration in the payroll resulting in their monthly submission to the Department of Labour showing different remuneration to their TERS submission. Net impact, the rejection of their TERS claim;
For help with your TERS scheme application feel free to contact us.