Add a Payment In Lieu Of Notice Termination Pay Rate

!The below guidance is based on Payments that are ETPs and Table A: Withholding rates for ETPs

1. Click Pay Types > New Pay Rate or
   Click Pay Types from the Side Bar, Navigate to Pay Type, click on the drop-down menu and change to Pay Rate then click New.
2. Enter the Description.
3. Select Paid by.
   1. Per Day
   2. Per Hour
   3. Per Lump Sum
   4. Per Month
   5. Per Pay Period
   6. Per Week
4. Enter the Amount ( $ or % ).
5. In Tax Treatment, select from the following options;
   1. Employment Termination Payment, Life benefit (Taxed at 17%) (ETP)    
   2. Employment Termination Payment, Life benefit (Taxed at 32%) (ETP)    
   3. Employment Termination Payment, Life benefit (Taxed at 47%) (ETP)  
   4. Employment Termination Payment, Post-June 94 Invalidity (Taxed at 0%) (ETP)
   5. Employment Termination Payment, Pre-July 83 Invalidity (Taxed at 0%) (ETP)    
   6. Employment Termination Payment, Foreign resident No TFN (Taxed at 45%) (ETP) 
   7. Employment Termination Payment, No TFN (Taxed at 47%) (ETP)    
   8. Employment Termination Payment, Rolled over (Taxed at 0%) (ETP)
6. Select Superannuation (OTE) and Contributes to $450.00 Rule
7. If the employee is entitled to earn more super on this pay rate, enter the Superannuation % in Using Super as set in the employees’ file instead of X.XX%.
8. Click Save then Exit.