What is the minimum redundancy pay she is entitled

Reference no: EM132750018

Question - Julie Phillips is the Debt Administration Pty Ltd Managing Director. She has been in the company for 8 years, but her position is no longer needed due to a recent outsourcing strategy. She accepts the redundancy termination and is paid $200,000.

The genuine redundancy part of her payment is $300 per week worked for the company. Her other taxable income in 2018-19 is $125,000.

1. Work out Julie's redundancy payment including the tax-free, taxable component and tax withheld.

2. Name two legal requirements regarding this redundancy termination process. Give the source of information in your answer.

If Julie's weekly pay is $2,000, what is the minimum redundancy pay she is entitled?

Reference no: EM132750018

Questions Cloud

Project - converting pounds to kilograms calculator : Create classes and objects that access variables and modifier keywords. Develop methods using parameters and return values

Technology professionals have encountered regular expression : Many data science, analyst, and technology professionals have encountered regular expressions at some point.

What evidence he would have to provide to support the claim : A male scored three points lower than a female on a selection test. The female was hired. The male filed a reverse discrimination case on the basis of unfair.

E-government strategic planning in afghanistan : E-Government Strategic Planning in Afghanistan. Renewable Energy Policy for Kosice, Slovakia

What is the minimum redundancy pay she is entitled : The genuine redundancy part of her payment is $300 per week worked for the company. What is the minimum redundancy pay she is entitled

What are the characteristics of a learning organization : A learning organization is a dynamic business environment that encourages and fosters continuous learning in order to compete effectively in a highly.

What benefits are of greatest value to employees : Many organizations are concerned about the rising cost of employee benefits and question their value to the organization and to the employees.

Prepare the shareholders equity section of TNL Systems : Prepare the shareholders' equity section of TNL Systems' balance sheet at December 31, 2023, comparing the two approaches

Compute net cash provided by operations : Compute net cash provided by operations, both without and with the reclassification of the receivables. Which reporting makes Moss look better?

User Account

All Pages