Subjects finance

Monthly Uif

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Monthly Uif


1. The problem requires calculating Seleponale's monthly UIF contribution from his gross income of 4278. 2. UIF (Unemployment Insurance Fund) contributions are typically calculated as 1% of the employee's gross monthly income. 3. Calculate 1% of 4278: $$\text{UIF contribution} = 0.01 \times 4278 = 42.78$$ 4. Therefore, Seleponale's monthly UIF contribution, excluding the employer's portion, is 42.78.