Allowance Description
Any employee required by the employer to live at a depot, yard or garage must be paid an allowance equal to the amount of the rent charged by the employer for the accommodation at the depot, yard or garage. If an employer provides housing accommodation for an employee and the employee’s family and requires the employee to live there and charges rent, the employer must pay the employee an allowance of
$3.35 less than the amount of rent charged.
What to pay
the amount of the rent charged by the employer for the accommodation at the depot, yard or garage less $4.37
Notes
This is a type of expense allowance where we would expect the employee to claim a deduction for this in their tax return
Should you withhold tax?
Do not withhold from this allowancd
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?
Other PAYEVNTEMP8