Tax Source

Wiki for Australian Tax Information


Lump Sum For Unused Leave After 15/08/78

This is the value, during the relevant period, for the amount paid for unused long service leave that accrued after 15 August 1978 but before 18 August 1993, unused holiday pay and other leave related payments that accrued before 18 August 1993, or unused long service leave accrued after 17 August 1993 or unused holiday pay or related payments, where the amount was paid in connection with a payment that includes, or consists of a genuine redundancy payment, an early retirement scheme payment or the invalidity segment of an employment termination payment or superannuation payment.