7. Income and Taxation
Interactive practice questions
What is annual leave loading?
A percentage of your wage you pay to be able to take holidays.
A
A percentage of your wage you receive as a bonus on your annual leave.
B
The extra money paid for you to work on holidays.
C
Easy
< 1min
Amelia is a computer programmer on a salary of $\$61945$$61945. She is taking $4$4 weeks annual leave which she will be paid for but she is not entitled to annual leave loading.
Easy
2min
Irene works $27$27 hours a week as a hairdresser and earns $\$23.17$$23.17 per hour.
Easy
1min
Lachlan earns $\$1456.00$$1456.00 per week. Calculate his leave loading if it is $17.5%$17.5% of $4$4 weeks of normal pay. Give your answer to the nearest cent.
Easy
1min
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