A 45 year old worker who has been employed for seven years is made redundant The worker 's ETP is made up of Redundancy pay $48,200 00 Unused sick leave $3,250 80 Payment in lieu of notice $936 72 Unused annual leave $1,250 96 Unused long service leave $12,725 63 Gratuity $15,000 00 The worker has ...

The preservation age is the age at which a person can access their superannuation retirement savings ...

A 45-year-old worker who has been employed for seven years is made redundant. The worker's ETP is

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A 45-year-old worker who has been employed for seven years is made redundant. The worker's ETP is made up of:

Redundancy pay - $48,200.00
Unused sick leave - $3,250.80
Payment in lieu of notice - $936.72
Unused annual leave - $1,250.96
Unused long service leave - $12,725.63
Gratuity - $15,000.00

The worker has received $72,000 in other taxable payments during the income year.

Is the worker under the preservation age, at preservation age, or older than the preservation age?

Related Book For answer-question

Auditing and Assurance services an integrated approach

ISBN: 978-0132575959

14th Edition

Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley

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Posted Date: May 15, 2023 06:28 AM

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A 45-year-old worker who has been employed for seven years is made redundant. The worker's ETP is

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