Summary
Description
The Compensation for Occupational Injuries and Diseases (COID) Act requires all South African employers to submit their Return of Earnings (ROE) or W.As.8 declaration 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.
Resolution
The deadline for South African employer to submit the Return of Earnings is officially 31 March each year; however, in practice, this is generally extended to 31 May.
The South African Department of Employment and Labour has publish an extension of the deadline of the submission on their website, confirming the online Return of Earnings (ROE) filing season will be 1 April 2023 to 31 May 2023.
Please visit their website https://www.labour.gov.za/ and the online submission site https://cfonline.labour.gov.za/OnlineSubmissions for more details.