Compensation for Occupational Injury & Disease Return of Earnings 2017

Compensation for Occupational Injury & Disease Return of Earnings 2017

COIDA, Payroll / eTorQue, Tax

On or before the 30th April 2017 you are required to submit your Return of Earnings (ROE) submission to the Department of Labour, this is legislated under the: COMPENSATION FOR OCCUPATIONAL INJURIES AND DISEASES ACT (NO. 30 OF 1993). Each registered business must submit a separate return.

This Act replaces the Workmen’s Compensation Act and provides for compensation for disablement caused by occupational injuries or diseases sustained or contracted by employees in the course of their employment, and for death resulting from injuries and diseases. The benefits are paid from the Compensation Fund, which gets its money from compulsory contributions, paid by employers. All employers carrying out business within the Republic of South Africa are required to register.

If you have not requested this service from us in the past and require us to complete and submit this return on your behalf, please contact us on [email protected]. If we have submitted for you in the past then we will complete your return and send you the figures before submission. The cost for this service is R702.00 per return (excl. VAT).

Please note the following important issues:

  • Permanent, temporary and casual employees are to be included in this return.
  • You are required to report on the earnings to a maximum of R377,097.00 per employee per annum, for the tax year March 2016 to Feb 2017.
  • You are also required to make an estimation of the remuneration and number of employees monthly for the next tax year that will begin shortly. This enables the Commissioner to budget for the following year, and to fix the new Occupational Injuries and Diseases (OID) limit. The prescribed amount in terms of section 83(8) of the Compensation for Occupational Injuries and Diseases Act, 1983 has increased from R377,097 to R403,500 per annum with effect from 1 April 2017.
  • With effect from 1 April 2013, there will be no assessment revisions entertained as a result of the fault of the employer.
  • In the event more than one return is furnished for the same assessment period, the first return submitted will be accepted as the final one.
  • Criminal proceedings will be instituted for misrepresentation of facts.