Tag Archives: Tax on directors' fees south africa

Do directors pay UIF?

Directors of private companies and members of close corporations are included in the definition of “employee” in the income tax act from 1 March 2002. This means that remuneration paid to directors is subject to tax, UIF and SDL In terms of section 4 of the Unemployment Insurance Contributions Act, the Act applies to all employers and employees.  None of the exclusions… Read More »