Forum Discussion

SherylG1's avatar
SherylG1
Member
3 years ago

Pay in lieu of notice

Hi We have several employees that are being made redundant as of the 31/3. They are being paid a redundancy pay plus paid in lieu of notice. As this is the end of the financial year and they are bei...
jenniek's avatar
jenniek
Ultimate Partner
3 years ago

HI SherylG1 

If you are paying the payment today (31/3/23) then you could do it all in one pay - but make sure the tax implications are correct. Redundancy has different tax maybe, and rest would be a lump sum payment so secondary tax. Also as the in lieu of notice, and annual leave owing will go over the Easter break, then you will need to pay the public holidays as well. The final pay comes after the in lieu of notice, because that will be included in the gross earnings calc for the final pay.

  • SherylG1's avatar
    SherylG1
    Member
    3 years ago

    Thank you Jennie :-)

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