Income Tax Assessment Act 1997
Work out how much of an *unused long service leave payment is attributable to a period as follows:
(a) for the *pre-18/8/93 period or to the *post-17/8/93 period - use the formula in subsection (2);
(b) for the *pre-16/8/78 period - subtract the sum of the amounts (if any) worked out for paragraph (a) for the other 2 periods from the total amount of the payment. 83-95(2)
For the *pre-18/8/93 period or the *post-17/8/93 period, the formula is:
|Amount of payment||×||Unused long service leave days in the relevant period|
|Total unused long service leave days|
unused long service leave days in the relevant period
means the number of unused days of long service leave in the *pre-18/8/93 period or the *post-17/8/93 period (as applicable), worked out under section 83-100 .
For the meaning of unused days of long service leave , see section 83-100 .
Section 83-110 explains how to work out the period of unused long service leave if your employment was partly full-time and partly part-time during the period.