text: **(i) Employee Entitlements**
  
  Provision is made for benefits accruing to employees in respect of wages and salaries, annual 
  leave, long service leave, and sick leave when it is probable that settlement will be required 
  and they are capable of being measured reliably. 
  
  Provisions made in respect of wages and salaries, annual leave, and other employee 
  entitlements expected to be settled within 12 months, are measured at their nominal values. 
  
  Provisions made in respect of other employee entitlements which are not expected to be 
  settlement with 12 months are measured as the present value of the estimated future cash 
  outflows to be made by the economic entity in respect of services provided by employees up to 
  the reporting date. 
  
  **(j) Goods and Services Tax**
  
  Revenues, expenses and assets are recognised net of the amount of goods and services tax 
  (GST), except: 
  
  i. where the amount of GST incurred is not recoverable from the taxation authority, it is 
  recognised as part of the cost of acquisition of an asset or as part of an item of expense; or 
  
  ii. for receivables and payables which are recognised inclusive of GST. 