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For work bonus purposes, employment income is ordinary income that is earned, derived or received from remunerative work undertaken by a person in an employer/employee relationship. It includes salary, wages, commissions and employment related fringe benefits, but does not include business income.
The following payments are excluded from the definition of employment income:
- superannuation payments,
- payments of compensation or payments under an insurance scheme relating to a person's inability to earn, derive or receive employment from remunerative work,
- termination payments,
- comparable foreign pension payments, and
- leave payments to persons no longer involved in remunerative work.
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