Create A Payslip Using Taxable Allowances

This video takes you through:

  • Creating a payslip using taxable allowance with a fixed wage amount per Pay Period ending (PPE) or pay cycle
  • Creating a payslip using taxable allowance when only the total number of hours worked are available or paying by the number of units worked or produced


Please Note: 

We recommend entering the hours through a timesheet. However, you can check with your accountant if that is a mandatory requirement for the industry and awards that apply to you.

As part of annualized salaries from 1st March, employers need to record the annual wage arrangement in writing and give their employees a copy.

This has to include:

  • The annual wage that will be paid.
  • Which award entitlements are included in the annual wage.
  • How the annual wage has been calculated, including any assumptions used in the calculation.
  • The maximum (or outer limit) number of penalty hours and overtime hours the employee can work in a pay period or roster cycle without extra payment.

The employer must also record the employees:

  • Starting and finishing times.
  • Unpaid breaks are taken.

Employees have to acknowledge the record of hours they've worked is correct by signing in writing or electronically at the end of every pay period or roster cycle. This record is used for annual reconciliations. You can refer to the fair work website for further details:

Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request