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Our company will be paying our employees a monthly allowance for working from home during the pandemic. Please help in confirming if this allowance should be taxable and if it should be considered as OTE. Thank you.
Most helpful response
19 November 2020 02:34 PM - edited 19 November 2020 02:39 PM
Replies 0
Hello @GenesysMJA
There are some useful tables on our website that should help you to determine if the payment you are making is considered salary/wages, OTE or an allowance.
You will also find some useful information on our website about the withholding obligations for allowances. Allowances that are folded in to normal salary/wages are not treated separately for withholding.
I hope this helps. Have a great day
Most helpful response
19 November 2020 02:34 PM - edited 19 November 2020 02:39 PM
Replies 0
Hello @GenesysMJA
There are some useful tables on our website that should help you to determine if the payment you are making is considered salary/wages, OTE or an allowance.
You will also find some useful information on our website about the withholding obligations for allowances. Allowances that are folded in to normal salary/wages are not treated separately for withholding.
I hope this helps. Have a great day
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