+ Reply to Thread
Results 1 to 9 of 9
  1. #1
    Join Date
    Jun 2011
    Posts
    198
    Thanks
    40
    Thanked
    26
    Reviews
    0

    Default Ppl paid by ur employer and tax

    Hi, so I was wondering as my ppl will be paid to me thru my employer and not direct from the family assist office will I b taxed at my normal tax rate (if I was earning my regular wage) or will it b adjusted to suit the amount. If its not adjusted then we will b screwed over hard as we need this payment for mortgage etc. If anyone can give an insight that would b great

    Sent from my HTC Rhyme S510b using BubHub

  2. #2
    Join Date
    Dec 2011
    Posts
    454
    Thanks
    24
    Thanked
    58
    Reviews
    0
    I'm sure it goes on the rate you are now. Eg: some people take the baby bonus as they will be better off. Because they are in the higher tax bracket the paid leave is taxed at that.

  3. #3
    Join Date
    Apr 2010
    Posts
    2,100
    Thanks
    216
    Thanked
    376
    Reviews
    2
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Hmmm... Good question! I never thought of this... Subscribing because I'll be in the same boat!

  4. #4
    Join Date
    Apr 2010
    Posts
    2,100
    Thanks
    216
    Thanked
    376
    Reviews
    2
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    I've just had a look around and yes, it is taxed at your current rate. So for me, I get taxed 30c in the dollar. Still works out better for me to get the PPL than the baby bonus though!

  5. #5
    Join Date
    Jul 2009
    Posts
    1,209
    Thanks
    141
    Thanked
    176
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    Depending on the payroll system they us it should be less. You can always fill out a new tax form( I'll get you the NAT number when I go back to work) requesting that any hecs or fss deductions stop and lower the tax rate to the base amount while on leave. Maybe claim the tax free threshold if you don't already

  6. #6
    Join Date
    Apr 2010
    Posts
    2,100
    Thanks
    216
    Thanked
    376
    Reviews
    2
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Quote Originally Posted by Bel0v3d View Post
    Depending on the payroll system they us it should be less. You can always fill out a new tax form( I'll get you the NAT number when I go back to work) requesting that any hecs or fss deductions stop and lower the tax rate to the base amount while on leave. Maybe claim the tax free threshold if you don't already
    Oh, thanks for that info. I'll be calling payroll when I am back from holidays!

  7. #7
    Join Date
    Jun 2011
    Posts
    198
    Thanks
    40
    Thanked
    26
    Reviews
    0
    I just spoke to my payroll and they sed that it will be taxed at whatever bracket the payment falls in. So she sed it was about 16% so it works out to b something close to 497.00 after tax. So I feel better now knowing that's Wat I can plan on.

    Sent from my HTC Rhyme S510b using BubHub

  8. #8
    Join Date
    Mar 2011
    Posts
    155
    Thanks
    11
    Thanked
    21
    Reviews
    0
    My workplace is taxing it at 15% they said they would rather take more tax so i will get a refund rather then a mistake be made and then owe money at tax time. But basically each workplace would have its own policy so i would speak to your pay officer.

  9. #9
    Join Date
    Apr 2008
    Location
    Narangba
    Posts
    130
    Thanks
    1
    Thanked
    1
    Reviews
    0
    Hi ladies, you would be taxed for the amount you receive at that time from the government of $580.00 (I think it is - close enough), Tax is on a sliding scale, they cannot tax you on what you currently earn whilst working it illegal.


 

Similar Threads

  1. Replies: 13
    Last Post: 22-09-2012, 23:37
  2. Employer paid ML followed by PPL
    By lolz83 in forum Maternity Leave
    Replies: 8
    Last Post: 29-07-2012, 19:18
  3. Employer paid ML followed by PPL
    By lolz83 in forum Maternity Leave
    Replies: 14
    Last Post: 21-03-2012, 08:54

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
christmas gift guidesee all Red Stocking
BAE The Label
Versatile, premium maternity wear that you will love throughout pregnancy and long after. Cleverly designed for for all stages of motherhood so that you can 'Just be you (+1)'.
sales & new stuffsee all
CarmelsBeautySecrets
Growing your own natural nails is easy. Years ago, I devised a simple and very effective technique which really helps boosts the nails' growth in as little as three days! And most importantly keeps them that way.
featured supporter
Pea Pods Reusable Nappies
Pea Pods are the smart choice when it comes to choosing what's best for you, your baby and the environment. Affordable and simple to use, Pea Pods keep your baby dry & happy. Visit our website to find your nearest stockist or order online.
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!