Earnings Declaration Submissions Class XIII and Class IV
The deadline for Earnings Declaration Submissions for both class Class XIII and Class IV was on the 30th of June 2020 but if you have missed the deadline you can still submit your earnings after the deadline date.
Class XIII
What happens if you missed the 30 June 2020 deadline?
You will be issued with an Invoice that:
- is based on your last submission plus a 4.5% adjustment for inflation
- has a 10% penalty applied to your assessment rate due to non-compliance with the provisions of the COID Act.
You can still submit your earnings after the 30 June 2020 using the online portal and receive an adjustment invoice based on your budgeted earnings for the 2020 policy year.
Class IV
What happens if you missed the 30 June 2020 deadline?
In the unfortunate event that we did not receive your submission, we would apply an above inflation factor on the previously submitted Return on Earnings (ROE) to obtain your current estimated earnings, in line with the provisions of section (83)(6) of the Compensation for Occupational Diseases Act, 130 of 1993 as amended.
This may also result in penalties being applied on your account.
How To Submit Earnings.
Earnings declared must be for the period of 1 January– 31 December 2021.
- Go to the Online Service tab and click on Earnings Declaration Submission
- If you have not yet registered on our online portal, you can simply register at here under the Online Services tab and enjoy the convenience.
For any enquiries, you can contact us on 0860 222 132 or email clientcare@randmutual.co.za