Compensation Fund W.As 8 Form for 2012/13 Return of Earnings

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The W.As 8 form has been issued in Gazette #36254.

Note the following:

1. There are not substantive changes to the W.As 8 form from last year.
2. The W. As 8 form requires the employer to submit monthly headcount and earnings figures for the 2012/13 and the 2013/14 year (the internet ROE submission method only requires annual figures).
3. For both methods of submission (WE.As 8 form and the internet ROE system), the deadline submission date has been extended to 30 April 2013.
4. Discounts ranging from 2% to 10% for payment of the assessed amount are available only if the internet ROE submission method is used for submission.
5. There is also amnesty on penalties and interest (up to 30 June 2013) for submissions that have not been made/received for prior years.
6. Prior year submissions should also be made by using the internet ROE submission method.
7. If the employer used the internet based ROE system last year, then the W.As 8 manual form may not be used, i.e. the ROE system must be used again this year.
8. From 1 April 2012, the maximum earnings on which the assessment of an employer shall be calculated has increased to R292 032 per annum. The Compensation Commissioner makes the same earnings threshold effective from 1 March 2012.
9. From 1 April 2013, the maximum earnings on which the assessment of an employer shall be calculated has increased to R312 480 per annum. The Compensation Commissioner makes the same earnings threshold effective from 1 March 2013. This increase has just been issued in Gazette No. 36273.
10. The fact that the Minister of Labour Gazettes the effective date as 1 April, and the Compensation Commissioner specifies it as 1 March, is still with us. In my opinion, both dates can be used, but one should do so consistently (i.e. don’t change from one to the other from year to year).