Version:
2020
Original Published Date:
01/11/2018 - 12:45pm
Status:
- Current
Tax Category:
- Payroll
Resource Type:
- Statement of formula / rates and thresholds
- Guides and instructions
Description:
On 1 January each year, the Department of Human Services (DHS) Protected Earnings Amount (PEA) is adjusted to allow for increases in the cost of living. The PEA is a set minimum amount that must be left after tax and child support is deducted from a person's wage.
The 2020 PEA amounts applies to pay dates from 1 January 2020.