Annual Leave Payout Tax Calculator
Leaving a job with unused annual leave? See gross payout (with 17.5% loading), tax taken, and net take-home. Includes the concessional 32% redundancy rate vs marginal-rate for resignation.
ANNUAL LEAVE PAYOUT — TAX TREATMENT
When you leave a job, your unused annual leave is paid out as a lump sum. How it's taxed depends on WHY you're leaving. Resignation/dismissal = marginal rate. Genuine redundancy = taxed at no more than 32% (30% + 2% Medicare levy). Unused leave is not an ETP — it has its own rules (ATO Schedule 7).
Your AL payout tax breakdown
Tax treatment
Resignation / standard termination — the payout is added to your taxable income and taxed at your marginal rate plus the 2% Medicare levy (ATO Schedule 7). It can push part of the payout into a higher bracket for that financial year.
FairWork Mate AI
Is the figure right for you?
The advisor reads your payslip, contract or letter against the Fair Work Commission case library and cites the decision behind every answer.
Renews monthly at A$29.99 until you cancel. By continuing you agree to our Terms.
Get pay and rights updates for your job
Free email updates when award rates, the minimum wage or workplace laws change.