Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

I was underpaid during the 2009/10 financial year but I received my correct backpay before 30 June 2010. Does this have any income tax implications?

0
Posted

I was underpaid during the 2009/10 financial year but I received my correct backpay before 30 June 2010. Does this have any income tax implications?

0

No. If you were underpaid and you received your outstanding pay before 30 June 2010, then your gross income and income tax amounts on your payment summary will be correct and will match what you were paid during the 2009/10 financial year.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123