Category 1
What is the highest amount we can pay a client on an Advance?
80% Gross rate?
$725 Gross ($940 is 100% rate)
if a client has there weekly compensation ending soon- how would we abate their termination pay?
- We would abate the lower rates (lower payments first)
What happens if a client is not eligible or earning less than the FTM Rate?
We continue to pay them at the lower rate.
Why is it important that an employer provides the number of days holiday pay relates to?
-Holiday pay can be paid at a higher rate
What's the maximum time period a client can be on an interim assessment for?
3 months
What are the common time periods commision can be paid?
-Period it relates to- at time of earning
-Monthly
-Quarterly or six monthly
- Have you filed your relevant tac year?
-When will you and why not?
- Have you got an accountant?
What is one thing on an ACC040 that we don't abate?
Redundancy Payments
Where do we enter in an advance in EOS?
In Adjustments as a Manual WC Exception Advance
-Any abatement details