South Africa | COID Return of Earnings (ROE) Submission for 2024/2025

South Africa | COID Return of Earnings (ROE) Submission for 2024/2025

The Department of Employment and Labour published Government Gazette No. 52069 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 online platform.
  • 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.