This article was written by Yusuf Peer, an Assosciate at Norton Rose Fulbright South Africa
The Department of Labour has issued a notice to all employers registered with the Compensation Fund extending the deadline for submitting 2014 Return of Earnings to 31 May 2015.
Return of Earnings is submitted in the prescribed form with lists details of the salaries and wages of every employee and director earning up to the maximum prescribed amount for 2014 of R332 479.
It is the employer’s responsibility to ensure that all information provided to the Compensation Fund is accurate and complete.
It is a serious offence to submit incorrect information or fail to submit the Return of Earnings by 31 May 2015. Employers therefore still have just over a month to ensure that forms are correctly completed and properly submitted to the Compensation Fund.
For more information contact Jonathan Jones- Director jonathan.jones@nortonrosefulbright.com
Yusuf Peer- Associate Designate yusuf.peer@nortonrosefulbright.com
