Workers Compensation insurers require an annual statement of remuneration paid to employees each year, so that they can calculate your annual premium, and adjust the instalment(s) your business has already paid in advance.
Being located on the border of two states, we have technical expertise in relation to both NSW and Victorian workers compensation, particularly in relation to what items of remuneration are not required to be reported.
NSW declarations also require a Registered Tax Agent to review and sign off on the declaration before effective lodgement can take place with the insurance company.