Compensation Commissioner and 2012 Return of Earnings form incentives
The Department of Labour is offering discount incentives to all Employers if the 2012 Return of Earnings is submitted online on or before 30 April 2013:
- 10% discount on assessments settled within 30 days
- 5% discount on assessments settled within 60 days
- 2% discount on assessments settled within 90 days.
Also, amnesty is being offered to Employers for all outstanding Return of Earnings not submitted for the last 4 years – a special waiver of penalties and interest will be granted on these returns if submitted before 30 June 2013.
Our payroll systems provide accurate monthly payslips and reports required for the monthly/annual statutory returns (EMP201 and WCA), along with electronic IRP5s at the end of the tax year for your employees – no manual calculations required!
To take advantage of these cost savings or should you have any queries, please do not hesitate to contact Juanita Roman at our offices.
All material subject to our Legal Disclaimers.