COIDA Assistance
(Coming Soon)
Registering with the Compensation Fund through our services ensures legal compliance, safeguards both employers and employees with financial support and legal protection in case of workplace incidents, providing peace of mind.
With a fixed monthly retainer fee, you’ll receive extensive support including:
For compliance with the Compensation Fund, we help you to:
- Be registered with the Compensation Fund.
- Maintain up-to-date records of earnings and employee details, readily available upon request.
- Report accidents promptly, within 7 days, and occupational diseases within 14 days of notice.
- Submit the Annual Return of Earnings (ROE) on time, typically done through the online system.
- Ensure assessments are paid up to date, based on a percentage of annual employee earnings and the industry’s risk level.
- Make payments within 30 days of assessment, facing penalties and interest for late payments.
If facing an audit from the Compensation Commissioner, we help you submitting the following documents promptly:
- Affidavit explaining any discrepancies or credit assessments.
- Signed audited or independently reviewed annual financial statements for the relevant year.
- Detailed payroll report for the assessed year.
- SARS EMP 501 documentation.
- UIF Registration number.
- Manual Return of Earnings (W.As.8).
- Power of Attorney if represented by an accountant or consultant.
What are the benefits for employers?
- Assistance for injured employees
- Protection for employers against civil claims
- No-Fault systems
- Financial security for dependents
- Prevention of employee lawsuits
- Recovery of compensation
Feel free to get in touch with our Customer Relationship Consultant who will gladly provide a customised quotation to meet your unique needs.
Why Choose Labour Quest?
Our team comprises seasoned professionals with extensive experience in labour law, HR, and business compliance. We stay updated with the latest legal developments to provide you with accurate and industry leading advice.
