Is WorkCover and workers compensation the same?

Yes. WorkCover insurance ( also known as workers compensation cover ) is a form of protection that compensates employees if they become injured at work or become sick as a result of tasks carried out at their work. This payment can be used to cover an employee's: Wages while they are unfit to work Any medical expenses and rehabilitation

Who pays for WorkCover?

Your employer. Workers compensation is mandatory for Australian employers and pays benefits in the event of a workplace injury, accident or illness to an employee. Workers compensation schemes are managed at a state level.

Can WorkCover claims be rejected?

Yes, you will usually need to supply sufficient evidence that your work played a significant role in your injury, accident or illness. This could be an eyewitness account or medical evidence from a doctor or specialist.

Are WorkCover payments taxed?

WorkCover payments are treated like salary and are therefore taxable. This means you'll need to declare any workers compensation payments that you've received as part of your annual tax declaration to the Australian Tax Office (ATO).

Can you claim WorkCover if you are a sole trader?

No. A sole trader works for themselves. You only need WorkCover if you are a working director and have employees, then you'll need to take out workers compensation cover.

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