How do I Cancel my UIF and Get R350? Unemployed persons and those without a source of income can easily take advantage of this platform, which offers relief to all unemployed workers by giving a monthly contribution to the employee through the Unemployment Insurance Fund.
There are times when employers who pay a monthly contribution to UIF cancel it for a variety of reasons. In this article, I will show you how to stop paying a UIF contribution.
The unemployed Insurance Fund is basically the fund that the employer is registered to pay. The employer pays UIF a little bit from their salary in order to help the needy or unemployed. All the funds collected by the UIF are used to serve those who cannot work due to illness, adoption leave, or pregnancy.
As well as that, this platform offers a range of training programs so people can gain new skills to find better jobs. It’s possible that the employer who contributes to the UIF will cancel it if the worker commits an unacceptable act. Also, many people wish to cancel the UIF in order to get approval for R350.
In certain cases, you need to cancel UIF in order to stop donating funds if the worker resigns and does not want to continue to work with you. The worker itself cannot cancel UIF but the employer who is contributing funds can cancel it. I will explain how you can cancel a UIF under certain circumstances in this article.
Read Also: UIF Login Process
UIF Cancellation Process
You can cancel UIF online by following these steps;
- You must first visit the UIF website and then enter your email address.
- You will find all the information about your business after entering the website.
- On the menu of the page, select “Cancel Registration” from all the options.
- If you want to cancel your registration, you must provide your account number.
- In order to activate your cancellation, you must click it once it has been accepted.
Reasons For Canceling UIF
People cancel UIF for different reasons. Sometimes it’s their employer who cancels it, sometimes it’s their employee who cancels it. The reasons for canceling UIF include;
- The UIF is cancelled when the workers no longer work for the company.
- When an employee has committed fraud, the employer registers this cancellation application.
- In addition, when workers refuse to accept the rules of the organization, the employers cancel UIF in order to terminate them.
- When workers leave a job voluntarily, they cancel their UIF.
Cancel UIF And Get SASSA R350 Approval
SASSA allows individuals to cancel UIF and receive an R359 grant from SASSA in order to live a good life. It is possible for SASSA to provide benefits to people who are in need and have no source of income. You must cancel your UIF before applying for this application because, at the same time, you cannot benefit from both platforms at the same time.
You will get UIF Registered Sassa Declined upon checking your SRD Status even if you apply for SASSA while registered for UIF.
By sending an application form to SASSA’s official website after canceling the UIF, you can apply for grant R350. If SASSA accepts your application, you will be able to receive R350 monthly. If you wish to proceed with SASSA grant R350, you must first apply for UIF cancellation so that you may move forward.
Read Also: UIF Status Check
FAQs
Q1) Can You Cancel UIF?
Ans:- When employers’ employees resign, UIF can be cancelled. You can also stop donating funds to UIF when the employee leaves work.
Q2) How Do I Terminate Employment?
Ans:- The worker cannot be terminated at any time; instead, there is a specific probationary period after which you decide whether to retain the worker or not. Terminating a worker without warning will not be tolerated.
Q3) How much do you need to pay in UIF?
Ans:- In total, the employer must contribute 2% to UIF.
Q4) How to de-register with the UIF?
Ans:- To cancel your UIF registration, you need to call the UIF’s nearest helpline center. You can also cancel it online.
Conclusion
As a result, I hope that you have now gained some understanding of how to cancel a UIF by following a simple process. After an employee or worker has been terminated from their employment, many employers register for UIF cancellation, so that they no longer receive UIF. You can cancel a UIF in a variety of ways, so it is up to you which one you want to use.