icare Workers Compensation

Workers' compensation is a compulsory statutory form of insurance for all employers in every state and territory in Australia and provides protection to workers if they suffer a work-related injury or disease.

Any business that employs or hires workers on a full-time, part-time or casual basis, under an oral or written contract of service or apprenticeship, must have workers compensation insurance that covers all workers 

If a worker employed by you suffers a workplace injury or disease, the workers compensation scheme may provide the injured worker with weekly benefits, medical and hospital expenses, rehabilitation services, certain personal items and a lump sum payment for permanent impairment on the basis set by the particular scheme.

Each state government regulates the workers compensation scheme in that state.

At the start of December, James will receive the following email from i-Care:

Once the email has been received it is important to check:

• • The total wages figure that has been used to calculate the premium***

  • Check the WIC

Calculate the actual wages by doing the following:

• Log into Xero

  • Accounting-> Reports-> Payroll Employee Summary -> Enter the dates & select ALL employees 

• If there is a discrepancy between ACTUAL and REPORTED wages, call ICARE 13 44 22 and report ACTUAL wages for the prior 12mths.

• I-Care will then update these details and resend: Tax Invoice, premium information pack, Certificate of Currency

Once the updated invoice, COC & Premium Info pack has been received:

1. File all current I-care documents in new folder with Year name: Volumes/GoogleDrive/Shared drives/MyAdventure Group/Experiences/Compliance & Legals/Compliance/iCare

2. Pay premium: https://portal.icare.nsw.gov.au/policy/make-a-payment/ (You will need Policy number above)

3. Email back DECLARATION OF ACTUAL WAGES (underwriting.operations@icare.nsw.gov.au)

   • And Save the scanned Declaration of Actual Wages in the above Team Drive folder.

   • Pro forma email:

Hi,

Please find attached actual Wages Declaration for 2019 calendar year

Please can you send confirmation that this has been received and processed?

Cheers

James

File Payment receipt in Volumes/GoogleDrive/Shared drives/MyAdventure Group/Experiences/Compliance & Legals/Compliance/iCare