Wondering what the tax rate is on a Long service leave payout when I am continuing with the employer
749 views
749 views1 replies
1 replies
749 views
1 replies
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
Hiya @Kym79 👋
Cashout of leave in service is marginally taxed, as per this ATO guidance. It's at the bottom of the page and also has a link to take you to the tax table that explains how marginal tax works. Marginal tax is like the payment is spread over the financial year and added to the pay you've received to determine how much extra tax you would have paid.
Deanne
All replies
Hiya @Kym79 👋
Cashout of leave in service is marginally taxed, as per this ATO guidance. It's at the bottom of the page and also has a link to take you to the tax table that explains how marginal tax works. Marginal tax is like the payment is spread over the financial year and added to the pay you've received to determine how much extra tax you would have paid.
Deanne
Featured articles
15 Apr 2026 · 8 min read time
6 Feb 2026 · 4 min read time
15 Apr 2026 · 4 min read time