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This is the total amount of any salary or wages (taxable or non-taxable). This includes: paid parental leave. weekly accident insurance payments. overseas salary and wages.
The Base Year is a year that is tied to the actual amount of expenses for property taxes, insurance and operating expenses (sometimes called CAM) to run the property in a specified year. In a new lease, the Base Year is most often the year the lease is executed or the year in which the lease commences.
Tax bases are usually measured as a dollar amount to which a tax rate is applied?for example, the total dollar amount of taxable income, in the case of the personal income tax, or the total dollar value of real estate, in the case of the real property tax.
The base year is the tax year ending in the previous calendar year (that is, for the 2023 assessment period the base year is 2021-22).
The BASE tax year is the financial year ending before 1 January of the year of payment. A CURRENT tax year assessment If you are completing this form between September and December, you will need to provide information for both the BASE tax year and the CURRENT tax year.