NSWIn ForceAct
Payroll Tax Act 2007
43Value of wages paid in kind
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#### 43 Value of wages paid in kind
43 Value of wages paid in kind
> The value of wages (except fringe benefits and shares and options) that are paid or payable in kind is the greater of—
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> > (a) the value agreed or attributed to the wages in, or ascertainable for the wages from, arrangements between the employer and the employee, whichever is the greater, and
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> > (b) if the regulations prescribe how the value of wages of that type is to be determined—the value determined in accordance with the regulations.