Income Tax Assessment Act 1997
View history note
Hide history noteSECTION 83-80 Taxation of unused long service leave payments
Assessable and tax-free parts of unused long service leave payments
83-80(1)
If you receive an *unused long service leave payment, your assessable income includes the part of the payment shown in this table:
| * Unused long service leave payments | ||
| Item | To the extent the payment is attributable to the … | Your assessable income includes this part of it … |
| 1 | * pre-16/8/78 period | 5 % |
| 2 | * pre-18/8/93 period | 100 % |
| 3 | * post-17/8/93 period | 100 % |
83-80(2)
The remainder of that part (if any) of an *unused long service leave payment that is attributable to the *pre-16/8/78 period is not assessable income and is not *exempt income.
Note 1:
If your employment was wholly full-time or wholly part-time during a period, see sections 83-95 , 83-100 and 83-105 to work out the amount of an unused long service leave payment that is attributable to the period.
Note 2:
If your employment was partly full-time and partly part-time during a period, see section 83-110 to work out the amount of an unused long service leave payment that is attributable to the period.
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