Configure PAYG, Talent Rates and Leave Entitlement Default rates
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    Configure PAYG, Talent Rates and Leave Entitlement Default rates

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    Article Summary

    Overview

    PAYG rates for each year are automatically downloaded. Talent rates, Workers Compensation and Payroll tax rates are entered manually.

    Default leave entitlement rates are used to calculate employee's entitlements for annual leave, personal leave and long service leave. If an employee has a different entitlement, these default rates can be overwritten in their personal address book records.


    Please complete the following information:


    Field NameDescription
    Talent PAYGEnter PAYG rate for TALENT; it is currently at 20%
    Workers comp:Enter rate and indicate if it is inclusive of super; this is used in Talent POs to calculate premium payable for talent
    Payroll TaxEnter rate and indicate if it is inclusive of super; this is used in Talent Pos to calculate tax payable for talent
    Child until the age ofEnter 18 - because up to age 18, talent is classified as a child and the PAYG is calculated differently
    Talent to be paidSelect either weekly or fortnightly or monthly
    Child PAYG thresholdsEnter information for weekly, fortnightly or monthly
    Reporting yearsthis table is updated automatically by JobBag every year
    Leave defaultsEnter the yearly entitlement for Long Service Leave, Annual Leave and Personal leave

    The default icon - is redundant 




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