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.
How much and how often to pay your employees. As an employer, you must pay a minimum 9.5 per cent of an employee's ordinary time earnings (rising to 12 per cent by 2025) to a complying super fund at least quarterly. These are called âcompulsory Super Guaranteeâ (SG) contributions. Penalties apply if you fail to pay these. Some exceptions for SG may include employees earning less than $450 in a calendar month (before tax), although you must still provide super support for any month in which the employee is paid $450 or more, and those under 18 years working 30 hours or less per week.