Meaning of adjusted primary threshold
43C Meaning of adjusted primary threshold
The adjusted primary threshold for a financial year for an employer who is not a group member is the amount worked out using the following formula—where—
A means the adjusted primary threshold for the financial year for the employer.
B means $10m.
C means the amount of taxable wages estimated by the employer to be payable by the employer for the financial year.
D means the total amount of taxable wages and interstate wages estimated by the employer to be payable by the employer for the financial year.
The adjusted primary threshold for a financial year for an employer who is a group member is the amount worked out using the following formula—where—
A means the adjusted primary threshold for the financial year for the employer.
B means $10m.
C means the total amount of taxable wages estimated to be payable by all members of the group for the financial year.
D means the total amount of taxable wages and interstate wages estimated to be payable by all members of the group for the financial year.
E means the amount of taxable wages estimated by the employer to be payable by the employer for the financial year.
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