CATEGORIES
- (5) Negotiating Tax Debt and Payment Arrangements with SARS
- (2)Account / Profile
- (572)Accounting
- (3)Accounting & Financial Reporting
- (2)Accounting and Finance
- (29)Audit
- (164)Auditing and Assurance
- (1)Business
- (1)Business Management
- (3)Business Rescue
- (115)CIPC
- (7)Compliance
- (18)Ethics and Professionalism
- (47)Financial Reporting
- (1)Government Funding Applications
- (4)Guides
- (1)IFRS
- (1)Independent Reviews
- (1)Individuals Tax
- (39)Law
- (49)Legal and Compliance
- (2)Management
- (52)Miscellaneous
- (29)Money Laundering
- (1)Personal & Professional Development
- (2)Practice Management
- (2)Professional Ethics
- (3)Public Sector
- (145)Regulatory Compliance and Legislation
- (41)SARS Issues
- (32)Sustainability Reporting
- (44)Tax
- (1)Tax Update
- (11)Technology
- (1)Wills, Estates & Trusts
- Show All
TERS extension: appeal process and update
- 19 April 2021
- South African Accounting Academy
On 27 March 2021 the Unemployment Insurance Fund (”UIF“) issued a letter outlining the appeal process for the lockdown period 16 October 2020 until 15 March 2021.
On 1 March 2021 the UIF opened its online portal for sector based claims. The online portal performed a “real check on the business activity and the main division sector selected by the user”. If the sector selected did not match with the SARS database, one of the following error messages would be generated preventing a claim being lodged.
- The Entity is registered with SARS without Industry/Sector classification;
- The Entity is registered with SARS under “‘|sars class| ‘”class, which is not a qualified sector category for TERS payment; or
- The Entity is not registered with SARS under a qualified sector category for TERS payment (the entity is not registered)
This decision can either be accepted or rejected. Appeals can be lodged via the UIF Call Centre from 6 April 2021. The employer will be subjected to an authentication process and a link will then be sent to the employer to upload an appeal form as well as supporting documentation. A decision will then be made to accept the appeal or decline it.
If the appeal has been approved, the employer may re-lodge their TERS claim within 72 hours. Employers will select their business activity as previously done and select “OTHER (APPROVED APPEALS)” for the main division sector.
Click here to access the letter:
https://www.nsbc.africa/storage/covid_files/1617092816.pdf
Get all your CPD online. SA Accounting Academy (SAAA) offers Subscription Plans, Live Webinars, Webinars On-Demand, Access to Experts, Courses, Articles and more: https://cpd.accountingacademy.co.za.



