Feb 04, 2025
738
Bonus (Marginal Tax) (Incorrect Hours or Rate)
🎯 If you are unsure if this Pay Type applies to your circumstances, please refer to the Payee's Employment Contract or obtain advice from the Australian Taxation Office or Fair Work Ombudsman.
Bonus (Marginal Tax) (Incorrect Hours or Rate) applies when the Payee was underpaid a Bonus (Marginal Tax) in a prior pay period, either due to incorrect hours or an incorrect $ (or % of Rate Per Hour) being recorded.
Payments with this Pay Type use the $ (or % of Rate Per Hour) set within the Pay Rate, and Leave Entitlements are not applicable. These payments are considered W1 (Total of Salary, Wages, and other payments), Taxable, and OTE (SGAA).