The rules in regard to what is and is not an employment termination payment and how the benefit is taxed are complex. This course covers the nature of a genuine redundancy payment, early retirement payments, life insurance policy payments and the treatment of unused annual leave and long service leave.
What is an employment termination payment?
What is a genuine redundancy payment?
The taxation treatment of an ETP (life benefit)
The taxation treatment of an ETP (death benefit)
Taxation treatment of unused leave
This one hour online course forms part of the FastClass short course suite.
Identify an employment termination payment
Identify a genuine redundancy payment
Determine the taxation treatment of an employment termination payment
Identify a life benefit termination payment and when it is paid
Determine the taxation implications of a death benefit termination payment
Assess how unused leave is taxed
This course is suitable for:
accountants who are licensed to provide SMSF advice
employees of accountants who are licenced to provide SMSF advice