Despite previous media announcements regarding the success of the StaffLink payroll system for NSW Paramedics another pothole on this purported modern pathway would appear to have been identified following discussion with the ATO and NSW Ambulance.
APA (NSW) urges all paramedics and support staff being discarded by NSW Ambulance due to medical disability to be vigilant and scrupulously check their final pays to avoid being disadvantaged by the taxman.
It has been reported that either a breakdown in the reporting system or the StaffLink software fails to identify paramedics being discharged due to injury as “INVALIDITY TERMINATIONS” with the result being you receive a normal pay as opposed to receiving an Employment Termination Payment or ETP which receives concessional tax treatment.
However your accountant may not pick up on this unless the correct document is provided to them when you go to do your tax. These concessional rates apply to owed LSL, AL and AL Loading.
It may be necessary for affected members to obtain letters for the ATO clearly identifying your type of termination and taxes applied.
APA (NSW) Executive
Your Choice, Your Voice
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A printable copy of this update may be found here.