Prompt: The field Taxable component must be a number equal or greater than 1
Guidance: Taxable component is required when lodging ETP. This is mandatory for ATO and cannot be avoided by LodgeiT.
Employment Termination Payments (ETPs) that are 100% tax-free should not be reported.
Only the ones with taxable component, because the taxable component should have amount more than $1, this is mandatory for ATO. Learn more
Just click the trash bin icon to delete the line item with zero amount.
If user is still in doubt, we recommend them to call ATO and ask what to do in this case