Termination - Death Benefit Time Off In Lieu (More than the Cap)
Jan 20, 2025
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🎯 The reporting of payments for Death Benefit Time Off In Lieu (More than the Cap) has not changed per the Australian Taxation Office Single Touch Payroll Phase 1 guidance. Death Benefit Time Off In Lieu (More than the Cap) continues to be reported under ETP Type Code = D, N or B.
🎯 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.
Death Benefit Time Off In Lieu (More than the Cap) is applicable when the Payee ceases employment due to being Deceased and the Payee's Death Beneficiary (Dependant or Non-Dependant) and receives a payment for unused Time Off In Lieu per Table A: Withholding rates for ETPs which is greater than the ETP Cap Amount.
Payments with this Pay Type use the $ (or % of Rate Per Hour) set within the Pay Rate, and Leave Entitlements are not applicable. These payments are considered W1 (Total of Salary, Wages, and other payments) and Taxable; however, they are not OTE (SGAA).
