Gearing up for the annual commission-only income review

Each year at this time, we like to remind our members that for commission-only salespeople who were employed by your agency on or before the 2nd of April 2018, the 1st of April is an important date.

For these employees, the 1st of April is the date that the commission-only employee must have their commission income assessed for the previous 12 month period. If the commission only employee’s income falls short of the Minimum Income Threshold Amount (MITA), then the employee is not permitted to continue to be employed on a commission-only basis.

For commission-only employees employed after the 1st of April 2018, this MITA review must be undertaken annually on the anniversary date of their employment each year.