tax on long service leave lump sum
Lump sum payments on termination of employment. 1  when you leave a job, you may receive lump sum payments for unused annual leave and unused long service leave; 2  if your employment was terminated, certain payments for unused annual and long service leave are taxed concessionally.ump sum payments on termination of employment. 1  when you leave a job, you may receive lump sum payments for unused annual leave and unused long service leave; 2  if your employment was terminated, certain payments for unused annual and long service leave are taxed concessionally.