Results 1 to 3 of 3

Thread: Registration for Workmans Compensation Fund - Retrospective?

  1. #1
    Silver Member
    Join Date
    Apr 2011
    Location
    Jhb
    Posts
    281
    Thanks
    105
    Thanked 14 Times in 10 Posts

    Registration for Workmans Compensation Fund - Retrospective?

    Hi,

    I have a client that has requested that I register their close corporations for Workmans Compensation. There are 3 different entities and their scenarios are as follows:

    1) First entity has been trading since 2006. How does it work when you apply for Workmans Compensation only now? I gathered from the application form that registration works retrospectively. Do they want us to go back 8 years? What if the information needed (like number of employees, salaries) is not easily accessable (in storage)? The annual salary/wages amount can be obtained from the annual financial statements, but the number of employees employed is not that easy.

    2) Second entity has been trading since 2008. Same questions than for entity one above.

    3) Third entity started trading in 2011 and ceased trading in 2013. It will be pointless to apply for Workmans Compensation now, as there are no employees any longer. Should they still apply to be registered regardless?

    Kindly advise...

    Thank you in advance.

  2. #2
    Silver Member Christel's Avatar
    Join Date
    Feb 2012
    Location
    Port Elizabeth
    Posts
    360
    Thanks
    57
    Thanked 96 Times in 68 Posts
    Hi J7J,
    If it was my clients I would not back date a registration to WCC. I would simply register as of 1 March 2014 and leave the past in the past.
    You will be lucky to get your new registration this year.... I've been waiting for new registrations for some of my clients since August last year....
    If WCC are so behind just to register companies, then where will they ever find the manpower to control if an entity is registered/was registered/need to be and did pay what they were supposed to pay?
    always fear when Christel is near....

  3. #3
    Email problem KimH's Avatar
    Join Date
    Jul 2010
    Location
    Cape Town
    Posts
    362
    Thanks
    167
    Thanked 63 Times in 52 Posts
    Quote Originally Posted by Christel View Post
    Hi J7J,
    If WCC are so behind just to register companies, then where will they ever find the manpower to control if an entity is registered/was registered/need to be and did pay what they were supposed to pay?
    Couldn't agree more - WCC must be the worst of all the departments we need to deal with!
    "If at first you don't succeed, do it like your mother told you."

Similar Threads

  1. compensation fund
    By murdock in forum Electrical Contracting Industry Forum
    Replies: 3
    Last Post: 22-May-13, 08:53 AM
  2. Return of earnings - Compensation Fund bank details
    By belladancer in forum General Regulatory Compliance Forum
    Replies: 2
    Last Post: 17-May-13, 10:21 AM
  3. Workmans Compensation Earnings return form
    By Dave A in forum General Regulatory Compliance Forum
    Replies: 38
    Last Post: 10-May-12, 05:45 AM
  4. Replies: 1
    Last Post: 03-Apr-08, 08:07 AM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •