TERS Relief Directives Cause Confusion

The Department of Employment and Labour has issued several amendments to the directive on the temporary relief scheme offered to employers and employees affected by the national lockdown necessitated by the Covid-19 pandemic.

However, the lack of clarity around the Temporary Employer-Employee Relief Scheme (Ters) and the complicated calculations involved have resulted in misunderstandings and incorrect calculations.

The complete article is available on the Moneyweb website.

An overview of TERS and unemployment benefits is also available on the Griessel Consulting website.