After a number of meetings it has been determined that Inga Notable must be terminated effective March 4, 2022. Inga is taken into SFY 's owner's office at the end of her working day and told that her employment will end immediately. She hands in the keys to her company car (the taxable benefit ceases immediately). The reason for termination is "Job skills do not match the requirements of the Job". Her termination settlement is as follows, provided she returns her employment release. All monies owing will be paid with her final pay on PPE Mar 19, 2022. Inga returned the signed release by March 17, 2022. Termination Settlement (given Inga's age and position, our lawyer recommended an amount that exceeds the ESA minimums. We will pay as noted below despite being more than is required): a) 5 weeks pay in lieu of notice b) 8 weeks severance c) 4% vacation owing for her work YTD as well as for her lieu of notice You will need the following information for some of your calculations or reporting: Master YTD - Mar 5th (Summary of Inga's earnings before termination) Gross Income from Jan 10 to Mar 5 = $9,950.00 Gross Taxable.