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How much must you pay COID in 2015? Know which category your COID assessment tariffs fall into so you can budget accordingly

by , 11 December 2014
It's not up to you how much you pay COID. Every year, the Compensation Commissioner will assess your business to see how much you must pay. Your COID assessment tariff depends on a number of factors.

Luckily, you can estimate what your payment may be if you understand which COID category you fall under.

Use this checklist of 23 COID categories so you can budget for this expense correctly...

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There are 23 COID categories. Which one does your business fall into?

1.       Agriculture, forestry;
2.       Fishing;
3.       Mining, quarrying, sand pits;
4.       Building construction;
5.       Foods, drinks, tobacco;
6.       Textiles;
7.       Wood industry, upholstery;
8.       Printing and paper industry;
9.       Chemical industries, rubber, oil, paint;
10.   Leather industry;
11.   Glass, bricks, tiles, concrete;
12.   Iron, steel, artificial limbs, galvanising, garages, metals;
13.   Jewellers, diamonds, asbestos, bitumen;
14.   Trade, commerce;
15.   Banking, insurance;
16.   Air, road transport hauliers;
17.   Local authorities, divisional councils, power stations;
18.   Personal services, hotels, flats;
19.   Entertainment, sport;
20.   Medical services, animal hospitals;
21.   Professional services;
22.   Educational services; and
23.   Charitable, religious, political and trade organisations.
Now each of these categories has subcategories that have corresponding codes. For example, normal farming operations under category one, has the code 0111.
You then use this code to check your tariff rate. For example, for farming, your tariff is R2.04 for every R100 earnings.
To help you work out your COID tariff, here are the subcategories.
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Use these subcategories to determine your COID tariff

Agriculture, forestry
001: Farming, including oyster cultivation, sheep shearing and dipping contractors.
0114: Forestry, horticulture or crop farming;
0116: Livestock farming and tillage; or
0118: Sugar farming and production and tea farming.
0400: Underground mining;
0411: Coal mining;
0420: Open cast mining;
0440: Quarrying of stone, flint, lime; or
0441: Stone crushing operations.
Building construction
0500: Building operations, including demolition work, painting and plastering;
0501: Installation of composition floors, wooden floor surfacing and laying, erection of ceilings, gas fitting and plumbing including domestic drain laying;
0502: Tunnelling, rock drilling and/or blasting;
0505: Water boring and any other drilling activities;
0512: Operations of civil engineers;
0521: Maintenance and operation of irrigation;
0530: Putting up steel structures and industrial plants including constructional steel engineering, erection and taking down scaffolds;
0531: Lift, heating, ventilation and refrigeration installation; or
0532: Steel reinforcing operations.
Foods, drinks and tobacco
0600: Wholesale and selling meat;
0601: Dairying including milk depots, butter and cheese factories, creameries and condensed milk factories;
0610: Fish or lobster processing;
0612: Fresh fruit packing, grading and storing;
0613: Jam manufacturing, preserving and canning of fruit, vegetables and food;
0621: Corn and grain milling;
0622: Baking, confectionery, biscuit, chocolate, cocoa and sweet manufacturing;
0630: Animal food;
0640: Aerated mineral water manufacturing;
0641: Brewing and malt manufacturing;
0642: Treatment of argol and wine;
0643: Coffee grinding, blending and/or packing as a separate business;
0650: Cigarettes and/or tobacco manufacturing;
0700: Manufacture of blankets and other similar goods;
0701: Cotton ginning and cottonseed oil manufacturing;
0712: Bag-making; or
0720: Art, needlework.
Wood industry and upholstery
0801: Saw milling;
0810: Wood-working machine operation; or
0811: Basket manufacturing.
Printing and paper industry
0900: Printing and publishing; or
0910: Paper, cardboard and strawboard manufacturing.
Chemical industries, rubber, oil and paint
1000: Explosives manufacturing;
1005: Explosives, acid, dip, spray, insecticide and chemical manufacturing;
1020: Manufacturing chrome salts, bone meal, fertilizer, distemper, crayon, chalk, paint, boiler compound, soldering fluid and flux disinfectant, insecticide, glue, ice and/or chemical manufacturing;
1021: Gas manufacturing;
1025: Candle and soap manufacturing;
1030: Polish, perfume, beauty preparation, medicine toilet requisites, dip and ink manufacturing;
1041: Oil (mineral) and petrol importing and distribution;
1050: Rubber stamp manufacturing; or
1052: Vulcanising including retreading.
Leather industry
1100: Tanning and curing of hides and skins; or
1105: Leather clothing, boot, shoe and/or slipper manufacturing.
Glass, bricks, tiles and concrete
1200: Glass and bottle manufacturing;
1201: Leaded lights manufacturing;
1210: Cement and lime manufacturing;
1211: Concrete products manufacturing;
1220: Brick, tile and pottery manufacturing; or
1230: Granite and marble products manufacturing.
Iron, steel, artificial limbs, galvanizing, garages and metals
1300: Iron and steel production;
1301: Foundry products manufacturing;
1331: Iron button, buckle, hook, eye, hairpin, metal badges and brooch manufacturing;
1340: Metal tube manufacturing;
1350: Electric cable manufacturing;
1360: Motor car assembly;
1361: Motor garaging; or
1363: Wagon, coach, carriage and motor body building.
Jewellers, diamonds, asbestos and bitumen
1400: Dealers in diamonds and precious stones;
1401: Electroplating; or
1420: Asbestos products manufacturing.
Trade and commerce
1511: Wholesale or retail liquor dealer;
1520: Wholesale and retail tailors, outfitters, drapers, furriers or milliners;
1532: Musical instruments, computers, household electrical appliances, video, TV and wireless dealer;
1540: Corundum merchant, curio, art, antique or carpet dealer, taxidermist, sports goods dealer, bottle and bag merchant, retail leather merchant and retail soft furnishing dealer;
1542: Cement, lime or coal merchant and ship's chandler; or
1550: General retail dealer.
Banking and insurance
1600: Banking, insurance, financial investment or trust company.
Air and road transport hauliers
1701: Air transportation, aerial surveying and photography;
1710 Railways, taxicab, motorbus, motor driving schools, railway motor transport agencies and aerial cable ways;
1711: Cartage, transport or sanitary service contractor;
1720: Tourist, travel, shipping forwarding, landing and stevedoring agent;
1722: Renting boats;
1723: Bonded warehouses, including clerical staff and store men at the warehouse and employees engaged in loading and unloading;
1730: Operating and maintaining of broadcasting stations;
1745: Telecommunication services; or
1750: Postal services.
Local authorities, divisional councils and power stations
1800: City council; or
1820: Power stations for the generation and supply of electricity.
Personal services, hotels and flats
1900: Boarding-house;
1910: Cleaning and dyeing;
1920: Hairdressers;
1940: Funeral undertaking and directing;
1960: Property managing, including service flats, township and estate management;
1970: Security Services; or
1975: Correctional Services.
Entertainment and sport
2000: Dance halls;
2010: Automobile clubs;
2011: Amusement park or circus owner; or
2020: Horse trainer or dealer.
Medical services and animal hospitals
2100: Dentistry; or
2110: Hospitals.
Professional services
2200: Analyst; or
2210: Accountant.
Educational services
2300: Educational services; or
2320: Maintaining national parks.
Charitable, religious, political and trade organisations
2410: Trade unions.
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If an accident occurs in your workplace, and the person dies, you could be charged with culpable homicide, charged penalties of R100 000 or 2 years in jail! The CEO or Owner of a company is personally accountable for health and safety at work.
Click here for the three things you must prove to establish your innocence.
Here's what to do once you indentify your COID category code
Once you find the code that applies to your business, go to labour.gov.co.za to check how much you have to pay per R100 of earnings for your category.
When you know this, you can budget correctly for your COID tariff. Just remember other factors such as your accident history will affect your tariff.
If you have any questions about this, please visit the Health and Safety Club to ask our experts.
You can also check out the COID Compliance Guide for more information on your COID tariff obligations.  

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How much must you pay COID in 2015? Know which category your COID assessment tariffs fall into so you can budget accordingly
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