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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
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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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