Unpaid Leave Loading (Death Benefit)
Sep 17, 2024
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🎯 The reporting of payments for Unpaid Leave Loading (Death Benefit) has not changed per the Australian Taxation Office Single Touch Payroll Phase 1 guidance. Unpaid Leave Loading (Death Benefit) continues to be non-reportable.
🎯 Unpaid Leave Loading (Death Benefit) has been designed for the specific circumstance where the Payee deceased whilst taking Annual Leave and is entitled to Leave Loading. If the Death Beneficiary needs to receive a payment for unused Leave Loading, please refer to Unused Leave Loading (Death Benefit).
🎯 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.
Unpaid Leave Loading (Death Benefit) is applicable when the Payee ceases employment due to being Deceased and the Payee's Death Beneficiary receives a payment for the unpaid Leave Loading hours the payee took.
Unpaid Leave Loading (Death Benefit) uses a portion of the Rate Per Hour set in the Payee Master File (17.50%) and Leave Entitlements are not applicable. Payments with this pay type may be considered either Taxable or Non-Taxable, however, they are not W1 (Total of Salary, Wages & other payments) or Ordinary Time Earnings (OTE).
