Payroll Tax Regulation 2019
sec.4Value of taxable wages— Act , s 13
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sec.4 Value of taxable wages— Act , s 13
For section 13 (1) of the Act , the value of taxable wages paid or payable in kind by an employer (other than fringe benefits under the Fringe Benefits Assessment Act ) is the highest of the following amounts— the amount agreed under arrangements between the employer and employee as the value of the taxable wages; the amount attributed by the employer as the value of the taxable wages having regard to arrangements between the employer and employee; the amount worked out by a person appointed by the commissioner under section 13 (3) of the Act as the value of the taxable wages having regard to arrangements between the employer and employee. s 4 amd 2022 SL No. 168 s 7
- (a) the amount agreed under arrangements between the employer and employee as the value of the taxable wages;
- (b) the amount attributed by the employer as the value of the taxable wages having regard to arrangements between the employer and employee;
- (c) the amount worked out by a person appointed by the commissioner under section 13 (3) of the Act as the value of the taxable wages having regard to arrangements between the employer and employee.