Income Tax Assessment (1997 Act) Regulations 2021
SCHEDULES
SCHEDULE 1AANote: See subsection 293-115.20(2) .
WORKING OUT DEFINED BENEFIT CONTRIBUTIONS
PART 3 - VALUATION PARAMETERS 13 Rate of future salary or wages growth 13(1)The rate of salary or wages growth to be applied is 4.5% per year.
13(2)
This rate is to be used: (a) to project the value of future salary or wages; and (b) to project benefits that increase in accordance with a general wage index (for example, average weekly earnings).
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