Premium guideline: Penalties for underestimation of rateable remuneration

When an employer needs to change their estimated rate remuneration, and the penalties for not doing so.
Last updated

Jan 2017

Reading level

difficult

File Type and Size

PDF, 227.93 kB

Document Length

6 pages

What it contains

If you have provided a certified statement of rateable remuneration, and your estimates change, you need to tell WorkSafe within 28 days. If you don’t do this, you will face penalties based on:

  • whether the employer took reasonable care to provide an accurate statement
  • whether the incorrect statement was made accidentally or deliberately
  • whether the employer provided more information during the review, or tried to hide information.