LSL paid as Salary Sacrifice

Lorrain Zimmerman
Lorrain Zimmerman Member Posts: 5 Reckoner Reckoner

We are terminating an employee and they have requested that the LSS be paid as a Salary Sacrifice to their super, how do I process this payment?

Comments

  • Acctd4
    Acctd4 Accredited Partner Posts: 4,208 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert
    edited June 2024

    Unfortunately, this is generally not permitted as it doesn't meet the conditions of an “effective salary sacrifice arrangement” eg it would need to have been a written agreement in place prior to the leave accruing 😬

  • Zappy
    Zappy Accredited Partner Posts: 5,252 Accredited Partner Accredited Partner

    @Acctd4 Well spotted.