Redundancy Calculator
Calculate your NES redundancy entitlements, severance pay, notice payout, and estimated tax for FY2025-26
Payout Breakdown
| Component | Gross | Tax | Net |
|---|---|---|---|
Severance pay 11 weeks @ $1,827/wk | $20,096 | $0 ($20,096 tax-free) | $20,096 |
Notice pay 5 weeks @ $1,827/wk | $9,135 | 245144.2% = $2,451 | $6,683 |
Annual leave 15 days @ $365/day | $5,481 | 152176.7% = $1,993 | $4,186 |
Leave loading (17.5%) | $959 | 152176.7% = $227 | $732 |
| TOTAL | $35,671 | $3,973 | $31,697 |
Genuine Redundancy Tax-Free Limit
NES Entitlements
NES Minimum Entitlements
This calculator uses National Employment Standards (NES) minimum entitlements. Enterprise agreements or employment contracts may provide more generous terms. Award-covered employees should check their specific award. Long service leave rates vary by state.
Disclaimer
This calculator provides estimates based on National Employment Standards (NES) minimum entitlements for FY 2025-26. Individual employment contracts, enterprise agreements, or awards may provide higher entitlements.
Tax calculations are simplified. The ATO uses different withholding rules for termination payments, and individual circumstances vary. Notice pay and leave payouts are subject to HELP debt deductions and other individual factors not modelled here.
Employment Termination Payments (ETPs) have complex tax treatment depending on whether they are genuine redundancy, unused leave, or other circumstances. This calculator uses a simplified 17% ETP rate for amounts above the tax-free threshold.
This is not legal or financial advice. For your specific situation, seek specialist employment law advice from a qualified employment lawyer or financial adviser.