Add termination payment.

Add termination payment.

 

  1. Sign into your account as Workmax
  2. Go to the “Payroll” Section.
  3. Select the pay period you need to run and click “Run payroll”.
  4. Select the employee you want to pay a “Termination payment”.

 

Ensure that the employee can earn “Termination payment”.

 

  1. Click “Other earnings”.
  2. Click “Add other earnings”.
  3. Select “Termination pay”.
  4. Enter amount.

 

Termination payments until £30,000 are tax-free; anything over £30,000 will be liable to a tax deduction.