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Edition 67 - Allowances

Edition 67 - Allowances

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In this edition we examine the treatment of allowances. Whether it be misclassifying an amount as an allowance (when it’s actually a reimbursement) or applying the incorrect Payment Summary treatment, PAYG withholding, superannuation or payroll tax treatment, mistakes in this area are easy to make. This BKB addresses all of these issues for the many of you who handle payroll.


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