The Compensation for Occupational Injuries and Diseases (COID) Act requires all employers to submit a declaration, known as a Return of Earnings (ROE), of annual earnings to the Compensation Fund each year. This amount combined with the category in which the business is registered will determine the amount payable by the employer to the Compensation Fund. The deadline for submitting the ROE is 30 June 2025.
Once they have submitted their ROE, employers are issued with a Notice of Assessment. This indicates the amount owing to the Compensation Commissioner based on the salary information contained in the ROE.
Should you wish for our offices to complete the submission for you, please provide us with the following information by 15 May 2025:
- Average number of employees for the period 01 March 2024 to 28 February 2025.
- Total earnings for the period 01 March 2024 to 28 February 2025 for the following:
- Directors / members limited to R597 328 per person
- Employees limited to R597 328 per person
- Accommodation and meals
- Total estimated earnings for the period 01 March 2025 to 28 February 2026 limited to R633 168 per Director
- Total estimated earnings for the period 01 March 2025 to 28 February 2026 limited to R633 168 per employee.
Kindly notify us via email as to whether or not you would like us to complete the submission for you. Alternatively you can register on www.labour.gov.za
Return of Earnings online system will be open for submission from 1 April 2025 to 30 June 2025.
Should you have any queries kindly contact our offices.
Contact: Louise Halvorsen 039-3150500 Email: louiser@chantelelliott.co.za
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