COIDA Returns (formerly WCA)
Earnings to be included in the COIDA (WCA) Return are:
- Regular Overtime.
- Bonuses of a regular nature e.g. (Annual Bonus)
- Commission of a regular nature.
- The cash value of food and quarters provided to employees as part of their remuneration package.
- Cash value of fringe benefits – company car, accommodation, reduced rates etc.
- Earnings / Drawings paid to working Directors of a Company or Members of a Close Corporation
When completing the COIDA (WCA) return the following information is required by month;
- Actual earnings for the month, head count (Directors & Members in separate column).
- Project earnings and head count for the coming year.
Pay Solutions will complete and ensure that your return is completed and submitted to the Commissioner, once a Director of the respective company has approved the declaration.
