How does Flood Levy Deduction Calculate with Terminations / ETPs
Last updated on JULY 14, 2016
Applies to:Oracle HRMS (Australia) - Version 22.214.171.124 and later
Information in this document applies to any platform.
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.
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