32Payroll increase

#### 32 Payroll increase (1) For the purposes of paragraph 27(1)(f), if the sum of the amounts covered by subsection (3) for each of the entity’s employees for a period exceeds the entity’s baseline payroll amount for the period: (a) the entity has a payroll increase for the period; and (b) the amount of the excess is the entity’s payroll amount for the period. (2) An entity’s baseline payroll amount for a period (the current period) is the sum of the amounts covered by subsection (3) for each of the entity’s employees for the period that: (a) ends on 6 October 2020; and (b) consists of such number of days as is equal to the number of days in the current period. (3) The amounts covered by this subsection are: (a) amounts paid by the entity to the employee in the period by way of salary, wages, commission, bonus or allowances; and (b) amounts withheld by the entity from payments made to the employee in the period under section 12‑35 in Schedule 1 to the Taxation Administration Act 1953; and (c) contributions made by the entity in the period to a superannuation fund or an RSA for the benefit of the employee, if the contributions are made under a salary sacrifice arrangement (within the meaning of the Superannuation Guarantee (Administration) Act 1992); and (d) other amounts that, in the period, are applied or dealt with in any way if the employee agreed: (i) for the amount to be so applied or dealt with; and (ii) in return, for amounts covered by paragraph (a) for the employee for the period to be reduced (including to nil).