Information about paying your premium, payment penalties and key dates.
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If you experience issues with credit card payments online, please use another method – EFT, BPAY or call 1800 679 001 to pay over the phone.
If you experience issues updating your remuneration, please contact your WorkSafe agent.
Ways to pay your premium
You can choose to pay your WorkCover premium as a one-off payment or in instalments using EFT, BPAY or by calling 1800 679 001 to pay over the phone.
Please refer to the Easy ways to pay section on your renewal notice or login in to Online Employer Services.
If your premium is $1,000 or less, you need to pay the full amount as a one-off payment by 1 November each year. You'll receive a discount if you pay your premium in full.
Pay in full and receive a discount on your premium
There are a number of ways to receive a discount if you pay in full.
5% discount
Pay in full before 19 August and receive a 5% discount.
3% discount
Pay in full before 1 October and receive a 3% discount.
You're eligible for the early payment discount even if your premium is the minimum amount.
Quarterly instalments
Quarterly instalments are due on the first day of:
October
December
March
June.
Monthly instalments
You can pay ten monthly instalments due on the first day of each month from 1 October to 1 July.
Late payment penalties
If you do not pay your premium instalment by the due date your instalment plan may be cancelled. You'll be required to pay all future instalments for the current financial year immediately.
You may also have to pay a late payment penalty. Contact your WorkSafe agent for more information.
More information
WorkSafe Victoria
WorkSafe Victoria
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