Cessation / Termination Pay Rates

!Presently there are no default Termination Pay Types for Unused RDOs or Time Off In Lieu. As these payments are generally considered to be ETPs, the relevant leave balance will need to be reduced once the pay run is completed.

!If you are unsure which Pay Types apply to your circumstances, please contact your registered Taxation or BAS agent (member of the Tax Practitioners Board) to obtain payroll advice.

We have provided general guidance below, obtained from the ATO’s website, Withholding from unused leave payments on termination of employment & Table A: Withholding rates for ETPs, for the most suitable pay types based on the reason of termination.

Voluntary Cessation

1. Unused Annual Leave + Loading (aft 18/8/93)
2. Unused Annual Leave + Loading (bef 18/8/93)
3. Unused Annual Leave (aft 18/8/93)
4. Unused Annual Leave (bef 18/8/93)
5. Unused Long Service (aft 17/8/93)
6. Unused Long Service (16/8/78 – 17/8/93)
7. Unused Long Service (bef 16/8/78)
8. ETP – Life Benefit (17%)
9. ETP – Life Benefit (32%)
10. ETP – Life Benefit (47%)
11. ETP – No TFN (47%)
12. ETP – Foreign Resident / No TFN (45%)
    

Dismissal

1. Unused Annual Leave + Loading (aft 18/8/93)
2. Unused Annual Leave + Loading (bef 18/8/93)
3. Unused Annual Leave (aft 18/8/93)
4. Unused Annual Leave (bef 18/8/93)
5. Unused Long Service (aft 17/8/93)
6. Unused Long Service (16/8/78 – 17/8/93)
7. Unused Long Service (bef 16/8/78)
8. ETP – Life Benefit (17%)
9. ETP – Life Benefit (32%)
10. ETP – Life Benefit (47%)
11. ETP – No TFN (47%)
12. ETP – Foreign Resident / No TFN (45%)
    

Contract Cessation

1. Unused Annual Leave + Loading (aft 18/8/93)
2. Unused Annual Leave + Loading (bef 18/8/93)
3. Unused Annual Leave (aft 18/8/93)
4. Unused Annual Leave (bef 18/8/93)
5. Unused Long Service (aft 17/8/93)
6. Unused Long Service (16/8/78 – 17/8/93)
7. Unused Long Service (bef 16/8/78)
8. ETP – Life Benefit (17%)
9. ETP – Life Benefit (32%)
10. ETP – Life Benefit (47%)
11. ETP – No TFN (47%)
12. ETP – Foreign Resident / No TFN (45%)
    

Transfer

1. Unused Annual Leave + Loading (aft 18/8/93)
2. Unused Annual Leave + Loading (bef 18/8/93)
3. Unused Annual Leave (aft 18/8/93)
4. Unused Annual Leave (bef 18/8/93)
5. Unused Long Service (aft 17/8/93)
6. Unused Long Service (16/8/78 – 17/8/93)
7. Unused Long Service (bef 16/8/78)
8. ETP – Life Benefit (17%)
9. ETP – Life Benefit (32%)
10. ETP – Life Benefit (47%)
11. ETP – No TFN (47%)
12. ETP – Foreign Resident / No TFN (45%)
    

Ill Health

1. Unused Annual Leave + Loading (Redund)
2. Unused Annual Leave (Redund)
3. Unused Long Service (Redund)
4. Redundancy And Early Retirement Payments
5. ETP – Life Benefit (17%)
6. ETP – Life Benefit (32%)
7. ETP – Life Benefit (47%)
8. ETP – No TFN (47%)
9. ETP – Foreign Resident / No TFN (45%)
   

Redundancy

1. Unused Annual Leave + Loading (Redund)
2. Unused Annual Leave (Redund)
3. Unused Long Service (Redund)
4. Redundancy And Early Retirement Payments
5. ETP – Life Benefit (17%)
6. ETP – Life Benefit (32%)
7. ETP – Life Benefit (47%)
8. ETP – No TFN (47%)
9. ETP – Foreign Resident / No TFN (45%)
   

Deceased

1. ETP – Death Benefit (Dependant – 0%)
2. ETP – Death Benefit (Dependant – 47%)
3. ETP – Death Benefit (Non-Dependant – 32%)
4. ETP – Death Benefit (Non-Dependant – 47%)