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Cathy1's avatar
Cathy1
Contributing Cover User
3 years ago

Do I enter the last day worked or the last pay date as the termination date?

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

 

 

1 Reply

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  • Tracey_H's avatar
    Tracey_H
    Former Staff
    3 years ago

    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.

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

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