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Not sure if I selected the correct board. I have the MYOB Accountright software.
I have an employee who has left last week. Her final normal pay was processed and paid on 16th Dec. She had 5.12 hours of annual leave accrued that I have just processed today (20 Dec). The unused Annual leave is not seen as an ETP payment. There are no ETP payments for her. Do I still need to process a separate ETP payment summary for her, and if so, when I go to the Payment Summary Assistent, how do I cancel/not process all the other employees in the list? Or should I skip step 7 and just pay her the unused annual leave, pay the super and process her end of the financial year payment summary after 30th June 2019 with all the other employees as per normal?
Thank you very much for your support,
Solved! Go to Solution.
Based on my reading of the ATO site on this topic, there are specific circumstances that would require an Early Termination Payment (ETP) payment summary and payment of an unused annual leave payment may not require an ETP payment summary. Although, it is best to speak to an accountant and the ATO to confirm your circumstances:
Do not use the PAYG payment summary – employment termination payment form for amounts you have withheld from payments of unused annual leave and long service leave.
If that is the case and you are not required to produce an ETP for that payment you would complete the payment summary process as per normal at the end of the Payroll year.
Thank you very much, that was very helpful
Have a lovely Christmas,
I believe an employee can request a Payment Summary on resignation eg leaving the country and wishing to do a Tax Return. The employer should comply.
Other than special circumstances, the Payment Summary for a terminated employee would be issued at year end as part of the normal process.
I understand SG is not payable on Unused Annual Leave paid out on Termination
(SG is payable on Annual Leave taken during employment). Have a look at SGR 2009/2.
Thank you very much, Duncan,
Both points you made are good to know!
Luckily the employee didn't have much Unused Annual Leave left so SG wasn't a problem but definitely good to know it for next time.