Definitions & Acronyms
Term/Acronym | Definition |
---|---|
MV | Motor Vehicle |
make-up pay | If an employee receives a workers’ compensation payment that is less than their normal wages, the amount that an employer pays to make up the difference is called ‘make-up’ pay. This is a taxable amount. (referred to as top-up payments in WA.) |
maternity, parental, adoption and surrogacy leave | Leave given to an employee in connection with the pregnancy or birth of a child. |
month | the month of January, February, March, April, May, June, July, August, September, October, November and December. |
motor vehicle allowance | An allowance paid or payable to an employee to compensate them for any business use of his or her own private vehicle. (See Exempt Rate – Motor vehicle allowance) |