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Gyan90's avatar
Gyan90
Experienced User
14 days ago

EOFY and deceased employee

Hello,

I am quite desperate for some help. My accountant is on leave and the few contacts I have asked for help were unable to provide a clear answer.

My husband passed away in March, he was employed by the company we run.

As he had no will his estate is now considered an intestate estate, until I get granted a letter of administration by the Supreme Court. 

Until I get this letter, I cannot process the payout of his leave entitlements.

 

Today is the first pay run of the new financial year for the business. Before I can process the pay run, I need to know if I have to report the termination (deceased) to the ATO and if I have to do anything else with his pay to close out the last financial year?

or can I report the termination and leave all the pay stuff for later?

 

Thank you

1 Reply

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator
    9 days ago

    Hi Gyan90,

     

    I’m so sorry for your loss. For a situation like this, it’s really best to check with another accountant while yours is away, just to make sure you’re getting advice that fits both the payroll side and the estate side of things correctly. It may also help if someone here in the Community Forum who’s been through a similar situation can share what they did. 

     

    Cheers,

    Doreen