Dec 13, 2024
820
🎯 Time Off In Lieu (Incorrect Rate) does not reduce the leave balance. If the Leave Balance needs to be reduced, Time Off In Lieu (Taken) (Incorrect Hours) should be used instead.
🎯 If you are unsure if this Pay Type applies to your circumstances, please refer to the Payee's Employment Contract or obtain advice from either the Australian Taxation Office or Fair Work Ombudsman.
Time Off In Lieu (Taken) (Incorrect Rate) is applicable when the Payee was underpaid Time Off In Lieu (Taken) in a prior pay period due to an incorrect $ (or % of Rate Per Hour) being recorded in the Pay Run.
Time Off In Lieu (Taken) (Incorrect Rate) uses the $ (or % of Rate Per Hour) set within the Pay Rate and Leave Entitlements are not applicable. Payments with this pay type are considered to be W1 (Total of Salary, Wages & other payments), Taxable and Ordinary Time Earnings (OTE).