If you run a business, there’s one annual task you don’t want to overlook — the Return of Earnings (ROE) submission. While it might seem like just another piece of admin, it plays a key role in keeping your business compliant and your employees protected in case of a workplace injury or illness 

In this blog, we’ll break down what the ROE is, why it matters, and how payroll software can help make the entire process faster, simpler, and far less stressful. 

What’s the ROE All About? 

The ROE is a yearly submission  to the Compensation Fund via the Department of Employment and Labour’s ROE Online portal. It shows how much your employees earned over the past year subject to the relevant threshold (OID limit). Why? Because the government uses this info to figure out how much you should pay for insurance that covers work-related injuries or illnesses. 

Think of it like this: It’s your way of making sure your team is protected if something happens on the job. 

When Should You Send It? 

Usually, you have from April to June to send in your ROE. For this year, though, the deadline for the 2024 submission has been extended to July 31, 2025 — giving you a little extra breathing room. 

Heads up: The report covers the previous year’s earnings. So, if you’re doing the 2024 ROE, you’ll report on earnings from March 2024 to February 2025. 

What Goes Into the Report? 

You need to list all the wages/salaries you paid during the year subject to the threshold applicable. It sounds simple, but accuracy is key here. Mistakes can cause delays, penalties, or worse — an audit.

 How Payroll Software Can Help 

Manually tracking wages, salaries, overtime, and leave can get messy — fast. That’s where payroll software comes in. A reliable solution like Quick Payroll automatically calculates employee earnings, stores records securely, and generates the reports you need for your ROE submission. 

With Quick Payroll, you can: 

• Easily access historic payroll data for the ROE period 

• Generate COIDA/ROE reports in just a few clicks 

• Minimise human error with built-in calculations and validation 

• Save time and reduce stress during the submission window 

• Maintain compliance with built-in legislative updates 

Whether you’re using the online version for remote flexibility or the desktop version for in-house control, Quick Payroll makes compliance easier. 

Why Bother With This? 

If you submit the ROE and pay your fees on time, you’ll get a Letter of Good Standing -your proof that you’re fully compliant. It’s often required when applying for tenders or contracts, and not having one could hold your business back. 

What If You Don’t Do It? 

If you miss the deadline or underreport earnings, penalties are on the table. You could face fines, interest on overdue amounts, or even legal action. In short: it’s not worth the risk. 

Bottom Line 

The ROE isn’t just red tape — it’s a crucial part of protecting your team and keeping your business in good standing. Staying on top of it shows you’re running a responsible, compliant operation. 

Feeling overwhelmed? You don’t have to do it all manually. Quick Payroll Software  gives you the tools to track wages, salaries, generate reports, and submit your ROE with confidence — no guesswork required. 
Book a demo today and see how Quick Payroll can take the headache out of compliance.