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In Lieu of Notice included in the Genuine Redundancy

Updated over 3 months ago

If the In Lieu of Notice is to be included as part of the tax-free up-to-limit, (depending on the employee's years of service) this value will need to include in the Genuine Redundancy amount.

For more information on, the payment you may include in a genuine redundancy, click on the ATO link here ATO.

When processing a Termination for a Redundancy payment and the In Lieu of Notice has been included in the Genuine Redundancy Amount, the superannuation value for the In Lieu of Notice value will not automatically calculate.
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You will need to complete a separate Manual Calculation for the superannuation values.

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