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November 2022
November 2022
We have sold our business as of Nov 1. The employee entitlements have been taken over by the purchasing company. I paid all outstanding wages as at Oct 31. I then paid a bonus dated Oct 31 but paid Nov 12. My question: Is the termindation date Oct 31 or Nov 12?
Thanks for your help.
Cathy
November 2022
November 2022
Hi @Cathy1
Thanks for your post. The termination date is typically the last day of employment, however, if you're not sure I would recommend checking with the ATO or your accountant.
Please let me know if you need further help.
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Cheers,
Tracey
Previously @bungy15
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