pamos
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Re: redundancy
thanks for your help Tracey H so to correct the problem would i reverse the original pay 3.12.20 follow the information and create the payroll catogories correctly and then redo the pay on the date it happened 3.12.20?. I have un-finalised the empoyees end of year summary already. then once i am satisfied it is correct re-finalise eoy pay806Views0likes1Commentredundancy
I have processed a redundency payment classified etp tax free component after reading the ATO for hours in december 2020 and believing this was correct the employee qualified and did not have to pay tax on the payment. the tax agent for the employee claims it is incorrect and should be lump sum D i changed the redundacy payroll catagorie to lump sum D and done a $0 pay run for 30.6.21 after resending it as a lump sum D the tax agent says it should be a tax free component. i cant see how i can fix it as the lump sum D does not seem to have a tax free component. I did not deduct tax from this $25,107.36 payment the tax agent says it should be both lump sum D and tax free component at bottom of certificate (but not etp tax free component) currently it is lump sum D and a etp taxable componentSolved955Views0likes3Comments