Employees who start and finish work within a 50 km radius of the General Post Office in the city or town in which the employer’s business address is situated will receive a fare allowance of $11.93 per day.
What to pay
$11.93 per day and reimbursement for the cost of fares for all travel beyond the 50km boundary
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?