COIDA: Another Extension of 2024 ROE Submission starting date (due to shut-down of ROE online system)
14 April 2025
Regulatory Compliance and Legislation
South African Accounting Academy
Summary:
The Department of Employment and Labour’s Compensation Commissioner has notified employers that the opening date for the online submission of the Return of Earnings (ROE) for the 2024 assessment period (to the Compensation Fund) has been extended until 1 May 2025, due to the ROE Online system temporary shut-down.
Article:
The submission of the ROE by employers for the 2024 assessment period did not open on 1 April 2025 - as originally intended.
The Compensation Fund refers to the notices dated 11 and 31 March 2025 communicating the shutdown of the Employer Registration and Employer Assessment modules for the period from 19 March 2025 to 30 April 2025.
The Fund has experienced a delay in its preparatory actions for the 2024 ROE Season and communicates that the system will remain closed until 30 April 2025 (mid-night 00h00) and will effectively be available for the submission of Returns on 1 May 2025 at 08h00.
The following services will be affected during the ROE Online system shut-down period:
Employer registrations will not be processed; this includes registrations through the CIPC BizPortal platform as well as through the CF’s back- office processes.
Employers will not be able to declare any Return of Earnings, online or manually.
CF will not able to clear employers who are flagged for audit and process applications for a revision of assessment.
No instalment applications will be considered during this period.
The following services will NOT be affected during the ROE Online systems shut-down period:
The CompEasy system, for the processing of claims will NOT be affected.
Employer will be able to generate a letter of Good Standing during this time.
Employers can still make payments using their correct CF Registration number.
In line with the delay in opening the system; the expiry date of 30 April 2025 of the current Letters of Good Standing is extended to 31 May 2025.
Click here to download the latest Alert issued by the Compensation Commissioner:
Relevance to Auditors, Independent Reviewers & Accountants:
The COID Act is yet another piece of legislation that your clients must comply with, and which you must assess compliance with. If they don’t comply with the relevant laws and regulations, you have certain reporting obligations in terms of NOCLAR (NOn-Compliance with Laws And Regulations) – this could include reporting to management, qualifying your audit opinion, reporting a Reportable Irregularity, etc.
As an employer, you also need to submit your Return of Earnings on time.
If you are performing this function on behalf of your clients, you need to ensure that the deadline is met.
Relevance to Your Clients:
As an employer, a client of yours would need to submit your Return of Earnings on time.
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