What is a Return of Earnings (“ROE”)?
All employers must submit annual returns to the Compensation Fund. This annual return is referred to as the Return of Earnings. Alchemy Financial Services Inc can assist you to submit Return of Earnings to obtain Coida certificate / Coida letter of good standing.
Employers are obligated to declare the following:
- actual salaries and wages for the year ended 29 February.
- estimated earnings for the following year ending on the last day of February.
It is therefore vital to submit accurate information.