If you have trouble logging into your account, try changing the browser you are using.

Close

 ROE 2016 can now be filed but assessments will only be isued as from 1 April 2017

Close

File Return of Earnings with Compensation Fund on your behalf

FAQ

 1. What is a Return Of Earnings (ROE) form? 

An employer must submit declaration of annual earnings (salaries paid out during the year) to the Compensation Fund before 30 April each year. Based on this amount and the category your business has been registered with Compensation Fund an assesment will be raised and become payable immediately. 

2. How do I submit multiple ROE forms? 

If you need to submit more than one years ROE form , each return must be done and paid seperately changing the ROE year to submit on the online form.

3. How will I know what amount needs to be paid to Compensation Fund? 

We will send you the asessed amount together with payment details within 48 hours. 


Additional Info


 FOR ALL THE INFO YOU NEED ON THIS SPECIFIC SERVICE PLEASE CLICK ON THIS "FAQ" BUTTON.
 

How does this work?  


Step 1
- select the year for which outstanding Return of Earnings (ROE) form(s) needs to be submitted. Each year must be done seperately should more than one return be done.

Step 2 - complete the form as accurately as possible, read through the explanations of each section by clicking on the "Important Info" subheading. Contact us should you be unsure of anything.

Step 3 - submit the form and pay our service fee. This fee is payable to us for the service and is not an assessment fee from Compensation Fund.

Step 4 - We will send you an assessment amount with payment details to Compensation Fund  (based on the info completed on this return) within 48 working hours.


Once the assesment is paid in full you will be able to apply for a letter of good standing or send the proof of payment to us if you have already applied for a letter of good standing.


Very important:

Please take note of the maximum salary amount per year per employee/director/member that needs to be declared for each roe year (listed below). E.g. if a employee/director/member earned R500 000 per annum in 2011 year only R277 860 needs to be added to total earnings etc. If a employee/director/member earned less than these maximum fees the obviously the whole amount must be added to annual earnings

2017 R403 500 per person per annum (provisional)  

2016: R377 097 per person per annum

2015: R355 752 per person per annum

2014: R332 479 per person per annum 

2013: R312 480 per per person annum.

2012: R292 032 per person per annum.


Also take note of the periods making up each ROE year:

2016 provisional : 1 March 2016 - 28 Feb 2017

ROE 2015: 1 March 2015 - 29 Feb 2016.

ROE 2014: 1 March 2014 - 28 Feb 2015

ROE 2013: 1 March 2013 - 28 Feb 2014

ROE 2012: 1 March 2012 -28 Feb 2013

ROE 2011 : 1 March 2011 - 29 Feb 2012

ROE 2010:  1 March 2010 - 28 Feb 2011

ROE 2009: 1 March 2009 -28 Feb 2010

ROE 2008: 1 March 2008 -28 Feb 2009


Please note:

  • ALL FIELDS in the form are COMPULSARY to complete.  If there is no amount or not applicable to you please insert a "0" or a "NA". 
  •  "Zero returns" are not permitted and  salary amounts must be included in all periods. If you paid no salaries for a specific year please DON'T use this service as it is handled differently and must be taken up with Compensation Fund directly. 

  


Please Login to continue

Are you a new user? Register now or login below.



  

Have you perhaps forgotten your password?

Login with Facebook

This service has a cost that is dependent on the various items selected. Your price will show here: R 499.00.

Average turnaround time: 2 working days for assesment and 5 working days for letter of good standing



Very important : ROE years differs from those of SARS, e.g the period 1 March 2011 - 29 Feb 2012 is the ROE 2011 and not 2012 as would be the case with SARS, therefore the year in which the Financial year begins and not in which year it ends








Actual Earnings


Important Information

"Employee" means a person who has entered into, or works under a contract of service or apprenticeship or learnership with an employer, whether the contract is expressed or implied, oral or in writing, and whether remuneration is calculated by time or work done, or is in cash or in kind and includes -

  • Casual / temporary employee employed for the purpose of the employer's business/farming activities.
  • Working director of a Company or member of a Close Corporation/Body Corporate, who has entered into a contract of service, or of apprenticeship or learnership, in so far that the employee acts within the scope of his/her employment in terms of such contract. (Excluding shareholders or "silent partners" who are only paid dividends or sharing profits).

NB. A sole owner or partners in a business/farming operation are not regarded as "employees" as contemplated by the Act and their earnings should, therefore, not be included.

A person provided by a labour broker, against payment to a client for the rendering of a service or the performance of work and for which service or work such person is paid by the labour broker, is an employee of the labour broker. The earnings of such persons should not be included in the client's Return of Earnings document



Important Information

Earnings are all payments made regularly, before any deductions, whether in money or in kind, to employees. The following list are not exhaustive, but are intended only to highlight certain remuneration items for which there may be some doubt as to their inclusion or exclusion. Included in the gross earnings before any deductions are the following:

  • Overtime of a regular nature, (not intermittent or irregular overtime).
  • Bonuses of any kind, including incentive bonuses and annual bonuses.
  • Commission, even though the amount may vary from month to month.
  • Travel and other allowances paid regularly, as part of the package.
  • Where the employee is remunerated in accordance with a package of benefits, all items forming part of the package, other than employer contributions such as medical aid contributions.

Excluded are the following:

  • Payments of a reimbursive nature.
  • Overtime worked occasionally.
  • Payments for specific non-recurring tasks which do not form part of an employee's normal duties.
  • Ex gratia payments.
  • Intangible fringe benefits such as the taxable portion of medical aid/pension contributions by the employer, etc.
  • Payments to cover special expenses such as subsistence and travelling costs, lunch and costs for business meetings.
  • Travel and other allowances paid occasionally.
  • Profit sharing of Directors and Members



Earnings/Drawings paid to working Directors of a Company or Members of a Close Corporation.


Important Information

The cash value of food and quarters supplied to employees as part of a remuneration package. Cash value of fringe benefits such as a company car, free accommodation or accommodation at a reduced rate, etc.


Actual / Estimated Earnings





Earnings/Drawings paid to working Directors of a Company or Members of a Close Corporation.


Letter of Good Standing


Acknowledge Turnaround Time and Other Service Conditions

- you need to be logged in for this to work.

Back to all services.

Some of our Clients

View More Clients

What do our clients say?

I would like to take this opportunity to thank you from the bottom of my heart for all your assistance in registering me as a tax payer.
I never thought it could be so easy. R320.00 well spend!
With all the new SARS laws coming into effect, I was terrified. I phoned SARS and they gave me a list of paper work and what they needed. I just knew that I couldn’t do this as I have no time and I didn’t understand them, but then I came across my finance.
You made it so easy and hassle free. Just a few documents and a signature and everything was sorted out and you kept me up to date on the progress with my application. I was so impressed to receive sms’s from you on the progress.
I am definitely going to make use of your services to file my tax returns from now on and I am going to tell all my friends, family, colleagues and customers about my finance on line.
Thank you so much for the way you handled everything with honesty, discreet and so professional.
Once again “ THANK YOU” !!!!
Kind Regards  
Bennie Nel

All Testimonials

Tax Season 2016

tax season 2016 kicks off on 1 july 2016. as a valued client we would like to assist you in completing your tax obligation quick and efficiently.how does it work this year?

Online VAT registration.

vat number can now be obtained within

Tax Season 2015 well under way.

tax season 2015 has started 1 july 2015 and

All News | All Archived News