There's a lot of confusion regarding the Compensation for Occupational Injuries and Diseases Fund (COID). Some employers don't even know that they have to submit their Return of Earnings to the Compensation Commissioner every year. But if you don't, you'll end up incurring harsh penalties. Don't let this happen to you. If you haven't registered for COID, read on to discover the answers to six impo... ››› more
Let's assume that you run a cleaning company. And you send Jack, one of your employees, to clean on your client's premises. While doing his work, Jack slips on the stairs and breaks his leg.
Now you're wondering what your options are when it comes to Compensation for Occupational Injuries and Diseases Fund (COID).
Read on to find out about the three things you CAN do if a third party is re... ››› more
You probably know how the Compensation for Occupational Injuries and Diseases Fund (COID) works when an employee is injured while working outside of South Africa. But, do you know how COID works when an employee is permanently disabled on the job? It may not be something you want to think of, but it's vital you know what to do. Read on to find out so you'll know how to handle these situations.
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Many employers know the Compensation for Occupational Injuries and Diseases (COID) Fund is there to compensate for employees who've been injured or who've contracted an illness at work. But only a few know how to go about reporting these work injuries. The number of questions our experts get regarding the procedure for reporting an Injury on Duty (IOD) is proof of this. Find out how to report an I... ››› more
South Africa's membership to the Brazil, Russia, India, China (BRICS) group of countries has delivered real economic benefits. One of these benefits is that South African companies can now do business freely with any of these countries. But if your company does business in any of these countries or any other country, it's important you know how the Compensation for Occupational Injuries and Diseas... ››› more
It's a common mistake: One of your employees comes into your office to report an accident at work, but you don't report it to the Compensation for Occupational Injuries and Diseases Fund (COID) because you believe he was injured after working hours. This is a big mistake. You must report all accidents to the Compensation Commissioner. If you don't, the consequences you'll face could cripple your b... ››› more
31 May - that's the day you must submit your 2013 Return of Earnings to the Compensation for Occupational Injuries and Diseases Fund (COID). If you fail to meet this deadline, the Compensation Commissioner will assess your business based on his estimation of your earnings. And this means it could fine you 10% of the amount that it has assessed! Don't take that risk. Submit your Return of Earnings ... ››› more
Haven't submitted your 2013 Return of Earnings to the Compensation for Occupational Injuries and Diseases Fund (COID) yet? If so, you'll be glad to know that the Compensation Commissioner has extended the deadline for submission. The deadline is no longer the end of April, it's now 31 May 2014. If you want to meet the new deadline, make sure you know the following info...
There's now a new dead... ››› more
Are you compliant with all your Compensation for Occupational Injuries and Diseases Fund (COID) requirements? If so, read on to find out whether or not you're entitled to a refund.
It pays to comply with the COID Act?
What do we mean by this?
You may qualify for a COID rebate in these circumstances:
According to the Health & Safety Advisor, you may qualify for rebate if you've desig... ››› more
Registering with the Compensation for Occupational Injuries and Diseases Fund (COID) isn't enough. You have to meet all your other COID requirements. Read on to find out what your obligations are so you can get the most from COID so that you can correctly report occupational diseases to the commissioner.
As you know, COID is the government body that compensates workers who've been injured at wo... ››› more
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