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Get Icare Estimated Wages Form
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How to fill out the Icare Estimated Wages Form online
The Icare Estimated Wages Form is an essential document used by employers to provide updated wage details for the renewal of their insurance policy. This guide will walk you through each section of the form, ensuring you fill it out accurately and efficiently.
Follow the steps to complete the Icare Estimated Wages Form online.
- Click the 'Get Form' button to access the Icare Estimated Wages Form and open it in the editor.
- In the first section, fill out the employer's details, including the legal name, trading name, ABN, ACN/ARBN, and trust information if applicable. Ensure you use BLOCK letters and a black pen.
- Indicate whether you are registered for GST by selecting 'Yes' or 'No.' If you are registered, specify if you can claim back 100% of the GST from the ATO.
- In the next section, provide the estimated wages for the period of insurance. Break down wages into specific categories, such as direct workers and apprentices, including descriptions, total numbers, and gross wages.
- If you engage contract workers, complete the section regarding contract values and the breakdown for labor and other components. Ensure no GST is included in the contract figure.
- For non-wage based business activities, such as taxi operations, provide the required supplementary information regarding plate details and shifts.
- Describe your business activities clearly, specifying the goods or services you provide.
- If applicable, answer questions regarding grouping details with other employers, including any changes during the insurance period.
- Indicate whether you need a Certificate of Currency issued based on the form's information.
- Finally, complete the declaration section by printing your name, signing, and dating the form. Ensure you understand the implications of providing accurate information.
- Once you have filled out all sections, you can save the changes, download the form, print it, or share it as needed.
Complete your documents online to ensure a smooth submission process.
Renewing workers' compensation involves reviewing your current policy, submitting updated wage information using the Icare Estimated Wages Form, and making any required premium adjustments. It is vital to stay on top of these renewals to ensure uninterrupted coverage for your employees. Maintaining continuous coverage not only protects your business but also enhances employee trust and morale.
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