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Inocrrect Marginal Tax Rate (49%) When There Is A Valsid TFN AND Termination (Doc ID 2283430.1)

Last updated on JULY 05, 2017

Applies to:

Oracle HRMS (Australia) - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

On Test : 12.1.3 version, Australian Payroll

ACTUAL BEHAVIOR
---------------
Incorrect Marginal Tax Calculated for Terminated ETP
ETP paymenst are taxed at marginal rates of 47% + 2% Medical levy for ETP amounts beyond 195000

EXPECTED BEHAVIOR
-----------------------
Marginal Tax Rate for ETP Payments amounts upto 195000 should be 30% + medical levy 2% while for amounts exceeding it should be 45% + Medical levy 2%

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Login to HRMS Manager
2. Terminate Employee
3. Run Quickpay to Process ETP Payments
4. Check SOE
 

Cause

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