UIF TERS AUDITS

UIF TERS Audits: What You Need to Know and How to Prepare

Welcome to our UIF TERS Audit resource page. If your business has been selected for a UIF TERS audit, you’re likely wondering what the process involves and how to ensure your compliance.

What Is a UIF TERS Audit?

The UIF TERS (Temporary Employer/Employee Relief Scheme) was introduced by the South African government to help businesses pay their employees during the COVID-19 lockdown. If your company received UIF TERS funds, it might now be subject to an audit to ensure that the funds were distributed properly to employees.

Why Is a UIF TERS Audit Conducted?

The purpose of the UIF TERS audit is to verify:

• That the UIF TERS funds received were used to pay employees.
• The correctness of the documentation submitted during the TERS application process.
• That businesses complied with the UIF regulations and conditions of the relief scheme.

What Documents Are Needed for the UIF TERS Audit?

To ensure your business is fully prepared for the audit, you may be required to submit several documents, including:

• Bank statements showing UIF TERS payments and payments to employees.
• Payroll records from the relevant period.
• Employee contracts and payslips.
• Proof of payment of UIF TERS funds to employees.
• Employment tax documents such as IRP5 and EMP201 forms.

If you don’t have all the required documents or are missing specific paperwork like Tax Clearance Certificates or CIPC registration, we’ve provided templates below to help explain your situation to auditors.