Terminations

Warning Megabus strongly recommends that you seek expert advice before commencing a termination pay run. Expert advice is available from the ATO, the Fair Work Ombudsman, your employer association or your tax accountant...

If you terminated the employee without Notice If you did not give an employee the required notice of termination you may be obliged to make a payment to the employee in lieu of notice given. The ATO requires the employer to enter this payment as...

The termination pay process for a deceased employee is quite different to that for a normal termination and this is due to different requirements specified by the ATO. All outstanding payments owed to the deceased employee at the time of their dea...

Any unused Annual Leave or Long Service Leave that was accrued before August 1993 is taxed differently and needs to appear in a different box on the PAYG INB Payment Summary to leave accrued after that date. In the unlikely event that the employee...

If a employee was previously terminated then their return to the business is a new employment period and they cannot be reactivated and will need to be setup again as a new employee (you can use the same name again but the Employee Code must be diff...

A termination pay will change an employee's status to 'Terminated' and will remove their accrued leave balances from Marlin HR and from the Provision For Leave accounts in the General Ledger (whether these balances were paid out or not). Terminate...

Employee has not been on a pay run in current Tax Year If an employee has not been included on a pay run in the current tax year, or was created in Marlin HR but has never been included on a payrun, you will not want to perform a Termination Pay...

How do I process a Termination Pay? Please see Termination Pay Runs . This also includes how to process ETP or Redundancy payments. Should I perform a Termination Pay for an employee with no payments owing? Yes. We recommend that you perf...