A qualified tradesperson (Level 4 and above) who is required by the employer to provide tools will be paid $15.29 per week for supplying and maintaining tools ordinarily required for the performance of their work as tradespersons.
What to pay
$0.42 per hour up to a maximum of $16.00 per week
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?