The Compensation Commissioner once again extended the deadline for submission of the annual Return of Earnings (ROE) to 30 April 2013.
Employers who made use of the new online facility last year should do so again this year as the manual W.As8 forms will only be posted to employers who have not yet registered for online submissions.
The Director-General of Labour has also granted certain incentives to motivate employers to submit online and make payment within 90 days.
Employers who submit online and pay within 30 days will receive a 10% discount on their assessment value. Employers who pay within 60 or 9o days will receive a 5% or 2% discount respectively. These discounts will only become effective 01 April 2013 and applies to the 2012/2013 returns only. Interest and penalties calculated for forms submitted online will not be raised before 30 June 2013.
The Compensation Commissioner is also implementing stricter rules to ensure a successful assessment period. Employers who have registered for online submissions should not submit a manual form as well. In the event that more than one return is submitted for the same assessment period, the first submission will be accepted as final. No assessment revisions requested due to mistakes made by employers will be allowed after 01 April 2013 and criminal proceedings will be instituted for misrepresentation of facts.
To register and submit the ROE 2012/2013 online, visit http://roe.labour.gov.za/DolRegistrationWeb/landing.html