Premium guideline: Royalty payments and residual payments

The difference between royalty payments and residual payments or repeat fees, and whether they are rateable remuneration.

Last updated

Jan 2017

Reading level

difficult

File Type and Size

PDF, 32.52 kB

Document Length

2 pages

What it contains

Rateable remuneration is payment made to a worker that is subject to a premium. It’s not always obvious what is and is not rateable remuneration.

Generally, a royalty fee is not rateable remuneration, but a residual payment is. However, there are exceptions (outlined in the document). This difference is often relevant in WorkSafe legislation.