It looks like actors are taxed differently when they actually perform so if my understanding is correct this would mean they would taxed normally during rehearsal periods then taxed differently for weeks that they perform more than 3 shows.
Also as MYOB cant account for this (and I would assume no other standard payroll system would either) we would have to calculate manually and override for the 3 weeks out of their 8 week engagement that they are performing. However they can’t claim HECS debt repayment when they are being taxed under schedule 3. Is my understanding correct?
Also given the fact that the online tax returns for individuals on mygov will not be able to apply this tax table correctly it will just tax all earnings at normal tax tables and therefore the individuals will end up with a tax bill at end of year. for the same amount of tax they saved in first place. This means overall the individuals actually does not receive the necessary tax relief and also ATO is better off as it collects tax that is not due? So why use these tables at all?
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