Workmans Compensation Fund Update


Date: Oct 26, 2016 - Oct 26, 2016

CPD hours: 2 Hours

Time: 14:00 - 16:00

Event Type: Webinar

Presenter: Marius Putter
Head, COID Department

Workman's Compensation has been causing headaches for accountants and their clients for the last couple of years. Industry has requested that COID intervene and provide a speaker to update and interact with accountants to address current uncertainties. Join Marius Putter, Head of the COID Department at Company Partners for this two-hour webinar as we unpack the latest developments.

Overview

Workman's Compensation has been causing headaches for accountants and their clients for the last couple of years. Industry has requested that COID intervene and provide a speaker to update and interact with accountants to address current uncertainties. Join Marius Putter, Head of the COID Department at Company Partners for this two-hour webinar as we unpack the latest developments.


Content

  • New workman’s compensation registrations:
    • Procedures to register at the Workman’s Compensation Fund as per the COID Act
    • Assessment after registration process
  • Letter of Good Standing:
    • What is a Letter of Good Standing?
    • Arrangement of instalments – month-tomonth Letter of Good Standing (LOGS)
    • When to pay instalments?
    • Payment of allocation
  • RMA:
    • Who is RMA?
    • Who needs to be under RMA?
    • RMA Registration / Submission
    • RMA invoices
    • RMA Letter of Good Standing
    • RMA budget declarations (wage returns) submissions
  • General workmen’s compensation information:
    • Return of Earnings (ROE) submissions: COIDA
    • Change of rates
    • Penalties and interests
    • Revisement queries
    • Dormant companies
    • Audits
    • Tender letters
    • Claim submissions

Presenter

Gavin Beretta

Marius Putter , Head, COID Department, Company Partners

The COID Department of Company Partners is based in Centurion and was established on 1 September 2011 by Marius Putter. Marius Putter has 21 years’ experience with the Compensation Commissioner and will be hosting the webinar.

The Senior Administrator of this Department is Gerda Venter, who has 19 years’ experience with the Compensation Commissioner. All employees of the COID Department are ex-employees of the Compensation Commissioner.

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