Increased COIDA Threshold

The Minister of Labour announced in Government Gazette No. 42092 that there would be an increase in the OID earnings threshold
under Section 83 (8) of the Compensation for Occupational Injuries and Diseases Act, 1993 (Act no. 130 of 1993).

As from 1 March 2019, the maximum amount on which an assessment of an employer shall be calculated on will be R458 520.

This change has been made effective in your OID report on SimplePay. To access this report, go to Filing > OID (Workman’s Comp) Return.

When downloading the report for the tax year ending 28-02-2019, the threshold of R430 944 for 2018/2019 will be displayed as the 2019 tax year cap, while the new threshold of R458 520 will be displayed under the 2020 tax year cap.

When downloading the report for the tax year ending 28-02-2020, both caps will be displayed as R458 520, as the cap for 2020/2021 has not yet been announced.

Team SimplePay