3 Week Payment in Lieu of Notice
Hi
Hope you are all well.
Can you assist please - employee has given 3 weeks in lieu of notice and employer has accepted starting from today.
How do I process the the final pay?
Your assistance is appreciated.
Hi Ddom
Thanks for your post. If the payment in lieu of notice is an ETP you will need to set up ETP payroll categories and process the termination pay as per the steps in the following help articles. I would recommend clarifying the payment type and the amount of PAYG to withhold on the ATO website.
Create payroll categories for termination payments
ATO website: Employment termination payments
Please let me know if you need further help.
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