G'day AF,
Thanks for the last ammendent just wanted some more clarification.
Backpay paid in year 2 is not included. I would assume that this is part of your taxable income for that year and therefore part of the FAS. If this is not the case can you please explain why?
In case 2 you have only added 3% in year 2. At some point in year 2 the base actually increases by 6% being 3% effective and backpaid from 1 Jan 2007 and 3% effective and backpaid from 1 Jan 2008. By the time year 3 and 4 come around the wage is the same in both cases one and two. Can you please shed some light for me.