The terms dominant and recessive refer to the ways that different alleles affect the phenotype. Simple Mendelian traits are is determined by only one gene. Imagine you have a flower that can have either purple or white flowers, and the color is determined by only one genetic locus. Purple is the dominant phenotype over white.
Annual leave payable on termination is not subject to superannuation. As a safe guard, most accounting software requires you to have a superannuation line on every payslip. You may need to work around this to remove the superannuation payment on the leave payout. Simply adjust the percentage of the superannuation to 0%.AYG on leave payouts is not just calculated like a normal pay run would be. The ATO has created a complex formula to calculate the PAYG on unused leave payouts. This PAYG formula is applicable for unused annual leave, leave loading, leave bonuses and long service leave.
You pay just 15% tax on all employer contributions up to a limit of $30,000 ($35,000 if youâre 50 or over), and if you have insurance within your super, any premiums are taken out before this 15% is calculated.oney taken out of super. You can withdraw your super tax-free once youâve reached the age of 60 and can access your super. And you can even continue to work and access your super with a Transition to Retirement strategy. Watch our video about the tax benefits of superannuation.