OID (Workmen's Compensation) Return of Earnings
Produce the W.As.8 earnings figures for the Compensation Fund.
What it is
Employers registered with the Compensation Fund must submit an annual Return of Earnings declaring actual earnings for the past year and estimated earnings for the coming year.
Earnings ceiling
Each employee's earnings are capped at the annual OID ceiling for reporting purposes. The system applies the current ceiling automatically.
What is included
Salary, wages, overtime, bonuses, commission and the cash value of food and accommodation. Reimbursive travel and certain lump sums are excluded.
Producing the report
Reports → OID Return of Earnings, select the assessment year and export. Directors of a private company are included at their actual remuneration.
