General income apportionment method statement
1114 General income apportionment method statement
For the purposes of this Part, the total amount and daily amount for an entitlement period, in relation to income of a person in relation to a payroll period, are worked out as follows:
Method statement
Step 1. Divide the amount of the income by the number of days in the payroll period.
Step 2. Work out how many days in the payroll period fall within the entitlement period.
Step 3. Multiply the amount from step 1 by the number of days from step 2. This is the total amount for the entitlement period.
Step 4. Divide the total amount for the entitlement period by the number of days in the entitlement period. This is the daily amount for the entitlement period.
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