Explosive powered tools
An employee required to use explosive powered tools must be paid 7.5% of the standard rate per day extra. Where an hourly rate is required,it is calculated by dividing the rate by 7.6.
What to pay
$0.23 per hour up to a maximum of $1.73 per day
This allowance is paid for employees providing their own tools. The assumption is that the employee would spend the allowance on replacing their tools from time to time
Should you withhold tax?
Do not withhold tax from this allowance
Should super be paid on this allowance?
This allowance should not form part of ordinary times earnings
Should payroll tax be paid on this allowance?
Include this allowance for payroll tax purposes
How is it treated on the payment summary?
Show the allowance separately in the allowance box
How should it be reported for Single Touch Payroll?