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Workers compensation - tackling the difficult issues presentation

Published on 08 Sep 05 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE

Workers compensation premiums can be a significant cost of doing business. Based on our evaluation surveys it is a topic that is causing many problems for advisers and their clients. This presentation focusses on some of the more complex and uncertain issues that we have identified. Specific issues discussed include:

  • contractors/workers
    • deemed workers
    • what is a contractor?
    • documentation for employers and principals
  • related corporations
    • impact on premium
    • split rating
  • recent and future changes
    • changes to the scheme introduced in June 2005
    • relicensing
    • proposed changes for the next 12 months.

Author profile:

Gary Watson
Gary is a Senior Underwriter NSW International & Regional with CGU Workers Compensation (NSW) Limited. Gary has worked in the general insurance industry for over 30 years with the last 13 years in Workers Compensation. He was the manager of the Commercial Union Workers Compensation for five years. He has a strong knowledge on all aspects of Workers Compensation in both underwriting and claims and has worked closely with the WorkCover Authority of NSW on a number of working parties representing the insurers on scheme redevelopment, GST and provisional liability. Current at 05 August 2005
 

This was presented at Workers Compensation - Tackling the Difficult Issues.

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Individual sessions

August/September 2005 Tax Update

Author(s):  Neil PEREIRA

Materials from this session:

Workers Compensation - Tackling the Difficult Issues

Author(s):  Gary WATSON

Materials from this session:

Further details about this event:

 

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