Employees who supply their own wet suits and personal diving equipment including weightbelt and diving knife will be paid,in addition to the ordinary rate,an allowance of $7.08 per day on each day on which the equipment is used.
What to pay
$7.08 each day the equipment is used
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?