Just received some forms in the post from the dept. Labour. W.As.8
Is this for workmans compensation?
I am in retail - do I still need to fill this out?
Approx how much will this cost per year on gross salaries of R150,000?
Cheers
Just received some forms in the post from the dept. Labour. W.As.8
Is this for workmans compensation?
I am in retail - do I still need to fill this out?
Approx how much will this cost per year on gross salaries of R150,000?
Cheers
Yep - that would be Workmans Compensation.
I doubt the IOD claims rate is very high in retail, so I'd guess expect a bill of around 1-2% of annual payroll. Probably closer to 1% than 2%.
Participation is voluntary.
Alcocks Electrical Services | Alcocks Pest Control & Entomological Services | Alcocks Hygiene Services
Cheers for that Dave. Just another tax - but I guess this one makes a certain amount of sense - if they actually do pay out.
Participation is voluntary.
Alcocks Electrical Services | Alcocks Pest Control & Entomological Services | Alcocks Hygiene Services
Did you like this article? Share it with your favourite social network.