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Accrued leave

Last updated 9 November 2023

Lump sum payments for unused annual leave and long service leave are not part of the employee's ETP. They are separately recorded on either the employee's:

  • income statement at lump sum A or B
  • PAYG payment summary – individual non-business.

These payments may be concessionally taxed. The tax rate depends on the type of termination, date of accrual and type of leave.

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For more information see:

 

 

QC81806