If you pay your workers fortnightly, monthly or quarterly you will need to convert their total payment (that is, their CDEP payment plus non-CDEP payments including any allowances subject to withholding) into weekly amounts. You must also convert their CDEP only payment into weekly amounts, by using the following methods:
Pay period |
Instructions |
Working |
Fortnightly |
Fortnightly income divided by two. |
Fortnightly income |
Monthly |
Monthly income (if the total is an amount ending in 33 cents, add 1 cent). Multiply this amount by 3 and divide by 13. |
Monthly income x 3 |
Quarterly |
Quarterly income divided by 13. |
Quarterly income |
Note: Disregard the cents when calculating the weekly amounts.
Once you have worked out the weekly amounts (total income and CDEP only income), you can work out the amount to withhold from the worker's weekly income. Refer to Working out how much to withhold.