Definition of wages: O-Z

Section 96A of the Workers Rehabilitation and Compensation Act 1988

On call allowance

Included

Operating car leases (where the vehicle is regarded as a fringe benefit)

Included

Over award payments

Included

Overtime payments

Included

Parking (that is subject to FBT)

Included

Payments in lieu of notice

Not included

Penalty rates

Included

Profit sharing schemes

Included

  • Distribution in the form of a bonus, i.e. in respect of something extra in addition to a dividend or wages or subject to income tax or FBT.
  • A benefit from a profit sharing agreement which is subject to income tax or FBT.

Not included

  • Otherwise

Private use of company car

Included

Public holiday payments

Included

Redundancy payments

Not included

  • See termination payments

Relocation allowance

Not included

Retrenchment payments

Not included

  • See termination payments

Royalties

Not included

Salary

Included

Salary continuancy (that is subject to FBT)

Included

Salary packaging

Included

  • Wages, salary and the value of fringe benefits provided to workers as components of a "salary package" are generally assessable. In the case of fringe benefits, the assessable amount is the taxable value of the benefits according to the Fringe Benefits Tax Assessment Act 1986 (Commonwealth).

Salary sacrificed amounts

Included

Severance payments

Not included

  • See termination payments

Shift allowance

Included

Sick leave

Included

Site allowance

Included

Staff Discounts

Not included

  • Where available to all workers as an incidental benefit of employment by that employer.

Study assistance (where regarded as a fringe benefit)

Included

Superannuation contributions and benefits

Included

  • Employer superannuation contributions which are made by way of salary sacrifice from a worker's salary package.
  • Workers superannuation contributions only if salary-sacrificed (these contributions form part of a worker's gross wages and are generally deducted from these wages. The gross wages figure should be declared in this situation).

Not included

  • Employer superannuation contributions required by law, e.g. Superannuation Guarantee (Administration) Act 1992 (Commonwealth).
  • Superannuation benefits paid to workers from superannuation funds.

Telephone expenses

Included

  • Where the employer provides free telephone services to a worker and that benefit is subject to FBT.

Not included

  • Amount paid to worker as an allowance to cover work-related telephone costs or as a reimbursement for telephone related expenses incurred by the worker as part of their employment.

Termination payments

Included

  • Payments made on termination in satisfaction of accrued entitlements for annual leave, sick leave and long service leave are not considered to be termination payments. These are payments earned through the worker's labour and are therefore payments within the meaning of section 96A.

Not included

  • Refers to monies paid in consideration or compensation for the termination of employment.

Third party remuneration (e.g. school fees)

Included

Tips and gratuities

Included

Tool allowance

Not included

Travel allowance

Not included

Travel expenses

Included

  • Free or discounted travel available to workers, e.g. employees of airlines or travel agents.
  • Where the expense is otherwise paid, e.g. as a form of additional remuneration or bonus.

Not included

  • Payments to workers to reimburse work-related costs.

Trust distributions

Included

  • Directors of corporate trustee.
  • Employed beneficiary (where distribution is for work performed).

Uniform (where provision of free clothing is subject to FBT)

Included

Workers compensation payments and reimbursements

Not included