The Compensation Fund for Occupational Injuries and Diseases Act, Act 130 of 1993 (COIDA), is the Act that deals with injuries and diseases in the work place.
The funds for claims are generated by employers paying an annual levy. Your Payroll Department should allow for a monthly provision for this annual payment. Or payroll services will complete the Annual Return of Earnings on your behalf. This should be submitted by 31 March each year.