The definition of 'wages' in Payroll Tax legislation is very broad and is not restricted to wages or salaries.
The term 'wages' includes:
- wages;
- remuneration;
- salaries;
- allowances;
- commissions;
- bonuses;
- employer (pre-tax) superannuation contributions including superannuation guarantee payments, salary sacrifice contributions, from 1 July 2007 (1 July 2009 in WA), the value of non-monetary contributions, and superannuation contributions to defined benefit funds;
- appropriately grossed up value of fringe benefits, within the meaning of the Fringe Benefits Tax Assessment Act 1986 (Cwlth) (FBT Act);
- the value of shares and options granted to employees, directors, former directors and some contractors;
- payments to some contractors;
- payments by employment agencies arising from employment agency contracts;
- remuneration paid by a company to or in relation to company directors, and employment termination payments and accrued leave.
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