Class E - COIDA / WCA Tariffs of Assessment

COIDA / WCA ensures that employees are provided with compensation should they be disabled by any occupational injuries or diseases which arise during their time of employment.

COIDA / WCA also makes provision for compensation if any of these injuries or diseases lead to death in addition to providing for any and all such matters connected therewith.  Tariff Changes May or may not have a large impact on your industry class. The COIDA/ WCA introduction blog lists all the classes for your reference.

COIDA / WCA Annual Assessment

Once a year, the Compensation Commissioner conducts an assessment on all employers who are registered with COIDA / WCA. This includes all industries which are divided into industry classes and subsequently, 100 sub-classes.

Each sub-class is liable to pay a certain tariff annually. The tariff is according to the risk ratio of the employer along with their nature of business.

The assessment fee that employers must pay is calculated by dividing the total of all employees’ salaries by 100 (ratio percentage) and multiplying this total with the assessment tariff.

This fee must be paid within 30 days of the assessment, according to Section 86.1 of COIDA.

Below is a table that provides the tariff structure, which is changing from 2021 onwards. The current rate and the new rate are indicated and a five-year forecast on tariffs is provided as well.

This is as per the current industry classes and their sub-classes, and the risk ratio, which is subject to change depending on any changes in the risk ratios.

It is important that employers take note that this year’s assessment will be calculated as follows – the final assessment for salaries and wages for 2020 will be based on last years tariff rates and the provisional calculations for salaries and wages for 2021 will be calculated on the new gazetted tariff rates.

The tariffs which are introduced will replace the W.AS. 178T notice and are as follow:

Table 1: Class E current and prospective tariffs

1401 – Chrome/Electroplate – Class XIV

This includes electroplating as a separate business.

2020 – Horse Stabling – Class XX

This includes the following:

• Horse trainer or dealer.
• Racing stable proprietor.
• The business involved in the conducting or racing, and
• A turf or jockey club.

What does SafetyWallet do for its subscribers?

SafetyWallet is involved in every facet of its subscriber’s health and safety journeys towards becoming more compliant. SafetyWallet has more than 1,000 subscribers across South Africa and across all industries. All subscribers are supported across all components which relate specifically to Health and Safety in Industry and Commerce.

SafetyWallet offers a variety of services to subscribers to ensure health and safety compliance not only with COIDA / WCA, but numerous other regulations. SafetyWallet has established a Health and Safety platform, offering subscribers unlimited access to various health and safety E-Learning and Short Courses.

These health and safety courses cover the broad spectrum of aspects associated with Health and Safety, in addition to offering part of a qualification and a Health and Safety qualification.

SafetyWallet serves as the link between employers and the Department of Labour and the compensation commissioner, where COID is concerned. Members receive support and assistance in the submission of documents through or Partener MAKROSAFE, administration where injuries on duty, or IODs, are concerned, and in the submission of claims and the return of earnings.

SafetyWallet offers an all-inclusive solution that is beneficial to both employers and employees and covers overall compliance.

Document Under Construction. Please watch this space for updates pretty soon.