Employers are to please take note of the following important information regarding COIDA:
RETURN OF EARNINGS (ROE) MINIMUM ASSESSMENT AND MAXIMUM EARNINGS
In terms of Sections 83 (8) and 83 (2) of the Compensation for Occupational Injuries and Diseases Act, the Director-General of Employment and Labour has issued a notice as follows:
- an increase to the minimum assessment amount from R 1 284.00 to R 1 342.00.
- for the period 1 March 2021 to 28 February 2022:
- the maximum earnings amount on actual earnings is R 506 473.00.
- for the period 1 March 2022 to 28 February 2023:
- the maximum earnings amount on provisional assessment is R 529 264.00.
The notice was issued on 15 March 2022 by the Department of Employment and Labour.
To view the minimum assessment notice, click here.
To view the revised ROE form (CF-2A form), click here.
EXTENSION OF THE SUBMISSION PERIOD
The Department of Employment and Labour has also extended the submission period for the 2021 Return of Earnings (ROE). The system will open on 1 April 2022 and close on 31 May 2022.
To view the ROE extension notice, click here.
“Excelsiar is a member of Nowicki & Associates”“
Credit: Nowicki & Associates” www.nowhr.co.za
