Return of Earnings Submission 2022 for Workmen’s Compensation
Workmen's Compensation (WCA) is a statutory body in South Africa that provides compensation to employees who are injured or contract an illness in the course of their employment. In this blog post, we'll explore key points regarding the return of earning submissions for Workmen's Compensation, as per the Compensation of Occupational Injuries and Diseases Act (COIDA).
The importance of accurate ROE submissions
It's important to provide complete and accurate information regarding the total earnings, bonuses, overtime pay, and other income earned. Any errors or discrepancies in the earning submissions can result in an Audit or possible revision of assessment of the compensation amount, which may lead to penalties.
The earning information should include the total earnings for the financial year that is consistant with WCA's financial period from the 1st of March to the end of February the following year. It's essential to note that the WCA uses the earning information provided to calculate the amount payable by the employer to be in good standing with Workmens Compensation. Therefore, it's essential to ensure that the earning information submitted is correct and updated. It's important to ensure that all the required information is included on the ROE form.
If you have any questions, please feel free to speak to one of our Experts
The benefits of timely earning submissions
Submitting earning information on time has several benefits for the employee and the employer. By submitting earning information promptly, the compensation claim can be processed quickly, and the employee can receive compensation for the injuries or illness suffered. It also helps to avoid any potential delays or rejections of the claim due to missing or incomplete information.
It also helps to maintain a good relationship between the employer and the employee, which is essential in the workplace. By following the submission process correctly and ensuring that all required documentation is included, employers can help to ensure that their employees receive the appropriate compensation for the injuries or illness suffered.
What documents are required to obtain a Letter of Good Standing?
There are certain prerequisites that apply to an employer or a business owner, in obtaining a COIDA Letter of Good Standing along with the correlating legislation. These prerequisites are:
- That the employer or business owner has registered with the Compensation Fund, as per Section 80 of the Compensation of Occupational Injuries and Diseases Act (COIDA). Employers can become subscribers of SafetyWallet and receive the assistance that they need in their COID registration.
- That the employer or business owner is up to date with their Return of Earnings submissions, as per Section 82 of COIDA.
- That the employer or business owner has been assessed, in terms of their payable amount, as per Section 83 of COIDA.
- That the employer or business owner is up to date with their due payments, as per Section 86 of COIDA.
- Should the employer or business owner have an instalment arrangement to pay their assessment fee monthly, they will receive a COIDA Letter of Good Standing monthly.
The Return of Earnings and Letter of Good Standing Package
The purpose of The Return of Earnings and Letter of Good Standing Package is to provide an organisation with the ability to effectively manage their WCA Return of Earnings and Letter of Good Standing. The ROE plus LOGS and, more importantly, the administrative follow-up with Workmen’s Compensation is a time-consuming process which requires much attention to detail. It is work that, in the interest of the well-being of the employee and the continuity of the company operations, demands in-depth knowledge and understanding of the Compensation for Occupational Injuries and Diseases Act and the Occupational Health and Safety Act. MAKROSAFE provides full-service support to alleviate the administrative burden on companies and institutions in this regard.
These services are intended for all organisations who have employees and are registered with the compensation commissioner. Clients who need assistance with registration may do so by ordering such service directly from My Safety Shop by clicking HERE.
These services are important because it assists an organisation in the management of their Return of Earnings and Letter of Good Standing in terms of COIDA. This form part of the employer’s duty to provide a safe working environment as well as to promote Health and Safety.
Through the Return of Earnings and Letter of Good Standing Package, the organisation is able to provide evidence to the Department of Employment and Labour (DoEL) of the actions being taken to implement and maintain COID compliance within their organisation and so show to the DoEL their commitment to health and safety in the workplace.
Through using the Return of Earnings and Letter of Gosd Standing Package an organisation will gain the following important benefits:
An understanding of the WCA Return of Earnings plus Letter of Good Standing for total COID Compliance.
Support on ROE and LOGS matters.
Evidence to support and provide to interested parties of actions being taken by the organisation in the interests of managing COIDA within health and safety.
Improved Health and Safety Compliance.
Improved COID Compliance.
Improved Health and Safety Awareness.
How can SafetyWallet help Employers with Workmens Compensation ROE Submissions?
SafetyWallet works to ensure that its subscribers are supported and assisted in all matters relating to health and safety, and through a partnership with MAKROSAFE and OHS Online, subscribers can ensure that they are a part in creating a safer, healthier, and more compliant working environment.
Click on the image below to find a SafetyWallet Solution that suits your business (Branch/Site specific) and get the benefits along with the subscription:
MAKROSAFE / SAFETYWALLET / MY SAFETY SHOP are in Partnership.
Comments (10)
Good afternoon how long does it take after being awarded
2023-10-25 17:10:05Dear Mpanyana Thank you for your query via our website... I have sent you an email and await your response...
2023-10-26 07:35:27your 2022 submission is from which month to which month
2023-09-07 12:38:10Dear Antoinette Thank you for your query via our comments... 2022 actual assessment is from 1st March 2022 to end of February 2023... Provisional estimates is from 1st March 2023 to end February 2024... If you require assistance with your ROE, kindly follow this link: https://www.mysafetyshop.co.za/Products/Return-of-Earnings
2023-09-08 07:26:53Who claims the return of earnings? The employer or employee... And I was injured at work and I didn't get compensation. Contact number 061 735 2741
2023-05-25 20:13:38Dear Bongani Thank you for your request via our website comments... Thank you also for your time chatting with me this morning, as discussed you need to contact WCA on the number I gave you, have your claim number and your ID number at hand and they will assist you with your claim...
2023-06-01 07:55:38How to submit ROE online?
2023-05-31 10:20:13Dear Vincent Thank you for your request via our website comments... For assistance with submitting your ROE, kindly follow this link: https://www.mysafetyshop.co.za/Products/Return-of-Earnings Add item to CART, open CART at top of page, complete the form and press COMPLETE ORDER to purchase, once accepted you will receive a confirmation plus the invoice to pay, you will also receive a call from our friendly support team to assist you with your ROE submission.
2023-06-01 07:59:53Thank you for sharing this valuable information.
2023-02-24 12:34:04Thank you for another well written piece. You provide much needed and valuable information.
2023-02-27 13:32:39Which period is due at the end of April 2023?
2023-03-06 13:37:34Dear Gail Thank you for your query... The period in question will be 1st March 2022 until end of Feb 2023... Please do follow this link to read about The Return of Earnings and Letter of Good Standing Package, if you sign up with this package we will assist you with your ROE and LOGS: https://www.makrosafe.co.za/The-Return-of-earnings-and-Letter-of-Good-Standing-Package
2023-03-07 07:37:39Hi i submitted my ROE and i have paid my invoice but now i cannot obtain my LOGS can you help please
2023-06-21 09:49:38Dear Fadwa Thank you for your request via our comments... Yes, we most certainly can assist you with getting your LOGS, kindly follow this link: https://www.mysafetyshop.co.za/Products/Letter-of-Good-Standing Click on the links above, when the page opens, add item to CART, scroll up and click on your CART (top right hand corner) Your CART will open, now complete the FORM and press COMPLETE ORDER button... You will get a confirmation and soon afterwards a friendly support team member will call you and assist you going forward...
2023-06-22 07:52:11Thank you for the valuable info Basil!
2023-03-09 09:29:25good day, I am struggling to obtain our invoice for COIDA for the period of 2022 and 2023. I've been calling their offices but i get no assistance. May you please help. Thank you
2024-02-05 15:10:09Good day Dudu I believe Basil has sent you an email and we look forward to hearing from you. Kind regards
2024-02-07 09:23:50