Essential Skills: Insolvency

Employee entitlements

The treatment of employee issues in corporate insolvency is a complex area carrying high reputational risk if they are not managed efficiently.

This course looks at the complex area of determining and calculating employee entitlements, determining priority entitlements, correctly taxing payments to employees and determining a net distribution to employees.

Learning objectives 

 At the end of this course you will be able to:

  • Identify the framework to determine employee entitlements.
  • Calculate employee entitlements
  • Apply priority rules for the different types of entitlements.
  • Determine and calculate tax-free limits, tax rates and PAYG requirements for entitlements.
  • Calculate a net distribution to employees.

Prerequisites

We recommend you complete the Introduction to Insolvency Program, or have one year of on-the-job experience prior to attending this course.

CPE

TBC - maximum of 2 CPE verifiable hours.  

Other courses addressing employee entitlements

Creditor claims & distributions
  • Notice requirements for distributions
  • Full waterfall calculations of priority claims including detailed guidance on circulating assets available for priority
Financial data for insolvency appointments

  • Full waterfall calculations of priority claims including detailed guidance on circulating assets available for priority
Tax issues
  • Taxation reporting for payments to employees

Please see our enrolment and cancellation policy. For further information contact our education team.