For late ROE.
Medical & disability.
No civil claims.
Annual ROE due.
Critical Problems We Solve
Effective financial management isn't just about balancing books; it's about removing the friction points that stall your business growth.
Risk of civil lawsuits from injured employees
Inability to apply for government tenders
Stalled construction site access (H&S requirement)
Penalties for failure to submit Return of Earnings
Overpaying assessments due to wrong classification
Your Protection Against Civil Claims
COIDA is not just another tax; it is an insurance policy that protects *you* as the employer. If an employee is injured or killed on duty, the Fund pays for their medical treatment and compensation. Crucially, Section 35 of the Act states that because this cover exists, an employee **cannot sue their employer** for damages.
Without COIDA registration, you lose this immunity. If an accident happens, you could face a ruinous civil lawsuit for millions in damages. Registration is your legal shield.
- Statutory immunity from civil liability
- Coverage for medical expenses
- Compensation for permanent disablement
- Protection for directors and officers
The Annual Return of Earnings (ROE)
COIDA operates on an annual cycle. Every year between 1 April and 31 May, you must submit a 'Return of Earnings' (W.As.8). This declares what you paid your staff in the past year and what you expect to pay in the coming year.
The Fund calculates your assessment based on these figures. We handle this submission meticulously, ensuring that excluded amounts (like certain allowances) are not taxed, saving you money on your assessment.
- Mandatory annual submission (April-May)
- Calculation of assessable earnings
- Exclusion of non-ratable income
- Prevention of estimated assessments
Correcting Industry Classifications
Your assessment rate depends on your 'Class' or 'Subclass'. A construction company pays a much higher rate than an accounting firm. We frequently find businesses classified incorrectly—often paying high-risk rates for low-risk work.
We review your classification. If it is wrong, we apply for a re-classification and can even apply for a refund of overpayments made in previous years.
- Review of SARS vs COIDA classification
- Application for rate reduction
- Retrospective refunds for errors
- Alignment with actual business activities
Who Is This For?
- All employers with one or more employees
- Construction and manufacturing businesses
- Companies tendering for government contracts
- Directors drawing a salary
Engagement Requirements
- Company Registration Documents
- ID Copies of Directors
- Date of first employee engagement
- Estimated payroll for the current year
- Actual payroll for previous years (if trading)
Deliverables & Results
- Registration with the Compensation Fund (COIDA)
- Submission of W.As.2 Registration Form
- Submission of W.As.8 Return of Earnings (ROE)
- Notice of Assessment (W.As.3)
- Assistance with payment allocation
- Issue of Letter of Good Standing (upon payment)
South African Compliance Context
"Creations transformed how we handle SARS. No more compliance anxiety."
Trusted Resources
Our Operational Methodology
A structured, 5-step approach designed for precision and clarity.
We submit the W.As.2 form to register your business with the Compensation Fund.
We declare your employees' actual and projected earnings for the year.
The Fund issues an assessment (invoice) based on your industry's risk rating.
Once paid, we apply for your Letter of Good Standing immediately.
Professional Insights
The Workmen's Compensation Act provides 'no-fault' cover. This means that if an employee is injured, they claim from the Fund, not from you. In exchange, they cannot sue you for civil damages.
SARS and the Compensation Fund are separate entities. A Tax Clearance Certificate does NOT prove you are paid up with COIDA; only a Letter of Good Standing does.
Using the wrong 'Nature of Business' class is a common error. If you are an IT company classified as 'Construction', you are paying 5x more than you should.
Common Questions
Everything you need to know about our coida registration (workmen's compensation) service.