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Activity 12 A 45-year-old worker who has been employed for seven years is made redundant. The workers ETP is made up of: redundancy pay $48,200.00

Activity 12

  • A 45-year-old worker who has been employed for seven years is made redundant. The workers ETP is made up of:

    • redundancy pay $48,200.00
    • unused sick leave $3,250.80
    • payment in lieu of notice $936.72
    • unused annual leave $1,250.96
    • unused long service leave $12,725.63
    • gratuity $15,000.00

    The worker has received $72,000 in other taxable payments during the income year.

QUESTION: Calculate the amount withholding

(PLEASE NOTE: Australian Taxation)

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