How does Flood Levy Deduction Calculate with Terminations / ETPs (Doc ID 1333810.1)

Last updated on JULY 14, 2016

Applies to:

Oracle HRMS (Australia) - Version 11.5.10.2 and later
Information in this document applies to any platform.
ETP Termination


Goal

Post <Patch 12681846> - Flood Levy Not Matching Tax Rates When ETP Payments/Lump sums Is greater than $50,000 -  how is the system calculating flood levy for ETP on Termination and Annual Leave / Long Service Leave on termination.

As in cases where an etp payment of $51000 is paid, no flood levy is deducted.



Solution

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