SECTION 1: INFORMATION ABOUT THE TRAINER LICENSED BY RACING NSW
SECTION 2 - INFORMATION ABOUT THE EMPLOYER
2(b) EMPLOYER'S ABN
If the trainer is in a business partnership with a non-trainer (eg. spouse), please list the names of all partners of the business:
2(c) MEMBERS OF TRAINING PARTNERSHIP
2(d) DETAILS OF UNRELATED CORPORATE ENTITY
2(e) DETAILS OF RELATED CORPORATE ENTITY
2(f) DETAILS OF TRUST (OR OTHER ENTITY)
A working beneficiary of a trust who has PAYG tax deducted from any payments or receives a superannuation contribution from the trust is considered to be a worker of the trust, as is any beneficiary (including a working director) who works for an incorporated trust.
SECTION 3 - INFORMATION ABOUT THE EMPLOYER'S BUSINESS ACTIVITIES
3(a) DETAILS OF THOROUGHBRED TRAINING BUSINESS
Are any of the following activities undertaken as part of your (the Trainer's) primary thoroughbred training business?
3(b) LICENSED TRAINER’S ACTIVITY
I use the following other trackwork riders: NUMBER OF WEEKLY RIDES (answer all that apply)
3(c) APPRENTICE JOCKEY DETAILS
If YES, please provide details below (or attach a list):
3(d) STABLE SIZE
SECTION FOUR – DECLARATION OF WAGES
DEFINITION OF "WAGES"
The definition of "Wages" is set out in Section 174 (9) of the Workers Compensation Act 1987.
Non-monetary payments to non-family members in lieu of wages (for example, provision of meals, accommodation or contra-arrangements against training fees) may need to be included as part of your declared wages bill. Any consideration subject to Fringe Benefits Tax ("FBT") is counted as remuneration. Generally, benefits provided to volunteers don't attract FBT.
Family members who assist you on a voluntary basis without remuneration would generally not be entitled to claim workers compensation if injured.
Family members who assist you on a voluntary basis without remuneration would generally not be entitled to claim workers compensation if injured.
PAYMENTS TO TRACKWORK RIDERS AND JOCKEYS ARE TO BE INCLUDED AS WAGES, NOTWITHSTANDING THAT THE RIDER MAY HAVE THEIR OWN ABN AND/OR RIDE FOR OTHER EMPLOYERS. FOR WORKERS COMPENSATION PURPOSES, THESE RIDERS ARE REGARDED AS YOUR CASUAL EMPLOYEES.
WAGES INCLUDES, BUT IS NOT LIMITED TO:
gross salaries and wages (ie. before PAYG tax);
payments to casual workers;
the value of any substitutes for wages, for example:
-trackwork riding by jockey in preparation for a race ride
-board and lodging
-housing and accommodation
-meals
-laundry, entertainment and travel allowances attracting Fringe Benefits Tax
-other goods and services provided in exchange for labour
-trackwork riding by jockey in preparation for a race ride
employer superannuation contributions (including the 11% Superannuation Guarantee Levy);
payments to casual workers;
over-award payments;
payments to certain contractors and pieceworkers;
payments for sick leave, public holidays and the associated leave loadings;
grossed-up value of taxable fringe benefits;
trust distributions to workers where the distribution is in lieu of wages for work done for the trust; and termination payments (lump sum payments in respect of annual leave, long service leave, sick leave and related leave loadings).
WAGES DOES NOT INCLUDE:
directors' fees paid to non-working directors;
compensation under the Workers Compensation Act 1987; or
any GST component in a payment to a worker.
CONSEQUENCES OF PROVIDING A FALSE WAGES DECLARATION
Providing a false or misleading declaration of your employees’ wages could result in:
(a) disciplinary penalties being imposed by Racing NSW under AR 175/LR 51(2) of the Rules of Racing (this may include fines, suspension or cancellation of your trainer’s licence); and/or
(b) NSW Workers Compensation Legislation imposes financial penalties for fake declaration
EMPLOYER’S SCHEDULE OF WAGES
WAGES FOR THOROUGHBRED TRAINING BUSINESS