What is considered "remuneration" for purposes of calculating WorkCover levy?

[Apocalypse]

SA specific, but maybe other states are similar enough?

I employ myself through my own company. Do reimbursements of car expenses actually incurred, occasional gifts below FBT thresholds, and reimbursement of incurred IP expenses (all FBT exempt in one form or another) 'count' when calculating WorkCover levy fees?

 

[pennyk]

Hi,
If it is the same as NSW, then it is the grossed up value of your income, which would include base salary, bonuses, car allowance, fringe benefits etc.
I would have thought that reimbursement of actual expenses wouldn't fall under this category though, so long as you keep good records of expenses/ petty cash etc.
I'm not sure what you mean by "occassional gifts"....... that could cause you some problems. If it is taking money out of the business, I would probably err on the side of caution and include it.
If you are the only person employed then you may find that a few dollars here and there makes very little difference to the premium that you pay.
Pen