Commission Explained (System Default Pay Rate)
Sep 24, 2024
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🎯 The reporting of payments for Commission are now disaggregated per the Australian Taxation Office Single Touch Payroll Phase 2 guidance. Rather than being included in Gross, Commission is now reported separately under Bonuses and Commissions.
🎯 If you are unsure if this Pay Type applies to your circumstances, please refer to the Payee's Employment Contract or obtain advice from either the Australian Taxation Office or Fair Work Ombudsman.
Commission is applicable when the Payee is being paid a bonus that relates entirely to Commission.
Commission uses the $ (or % of Rate Per Hour) set within the Pay Rate and Leave Entitlements are not applicable. Payments with this pay type are considered W1 (Total of Salary, Wages & other payments), Taxable and Ordinary Time Earnings (OTE).
