South Africa | COID Return of Earnings (ROE) Submission for 2024/2025
The Department of Employment and Labour published on 7 February 2025, announcing the following key details regarding the Compensation Fund’s 2024/2025 Return of Earnings (ROE) submission:
- The submission period will run from 1 April 2025 to 30 June 2025.
- Employers must submit the ROE via the
- A 10% penalty will be applied to late submissions.
- Interest charges will apply to payments made after 30 days from the invoice date and to overdue accounts.
- Employers are responsible for ensuring timely and accurate submissions to avoid penalties and interest charges.