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Final pay on a $$100,000 salary (2026–27): redundancy, notice, leave and tax
Estimated final pay after tax
$28,290
Gross $31,603 · tax $3,313 · net $28,290
| Weekly base pay | $1,634.62 |
| Redundancy pay (NES: 10 weeks) | $16,346 |
| Notice in lieu (3 weeks) | $4,904 |
| Unused annual leave (10.0 days) | $3,269 |
| Long service leave NSW (4.33 weeks) | $7,084 |
| Gross final pay | $31,603 |
| Tax-free redundancy (limit $47,603) | $21,250 |
| Tax on leave (32%) | − $3,313 |
| Net final pay (estimate) | $28,290 |
Pro-rata after 5 years (New South Wales). (Long Service Leave Act 1955 (NSW))
The $180,000 cap, and how much of it your salary has already used
On a six-figure salary the second cap starts to bite. A termination payment that is not a genuine redundancy — a golden handshake, a settlement, a payment in lieu with no redundancy behind it — is capped for concessional treatment by the whole-of-income cap of $180,000, and that cap is reduced by your other taxable income for the year. At $100,000 a full year of salary leaves $80,000 of room. Anything above it is taxed at 47%, top marginal rate, no concession. Genuine redundancies escape this cap and use the far higher ETP cap of $270,000 instead — which is precisely why the word "genuine" is worth arguing about in a separation agreement.
Final pay on $100,000 by years of service
Genuine redundancy, age 45, notice in lieu, 10 days of unused annual leave, NSW long service leave — that is, the $270,000 cap, not the $180,000 one.
| Service | Redundancy | Notice | Annual leave | LSL | Gross | Tax | Net |
|---|---|---|---|---|---|---|---|
| 1 yr | $7,692 | $1,923 | $3,846 | $0 | $13,462 | $1,231 | $12,231 |
| 2 yrs | $11,538 | $3,846 | $3,846 | $0 | $19,231 | $1,231 | $18,000 |
| 3 yrs | $13,462 | $3,846 | $3,846 | $0 | $21,154 | $1,231 | $19,923 |
| 5 yrs | $19,231 | $5,769 | $3,846 | $8,334 | $37,180 | $3,898 | $33,282 |
| 7 yrs | $25,000 | $7,692 | $3,846 | $11,667 | $48,206 | $4,964 | $43,241 |
| 10 yrs | $23,077 | $7,692 | $3,846 | $16,667 | $51,283 | $6,564 | $44,718 |
| 15 yrs | $23,077 | $7,692 | $3,846 | $25,001 | $59,616 | $9,231 | $50,385 |
| 20 yrs | $23,077 | $7,692 | $3,846 | $33,335 | $67,950 | $11,898 | $56,052 |
Every line here assumes the redundancy is genuine: the position is gone, not the person. If the same payout were reclassified as a settlement, the taxable part would be measured against $80,000 of remaining cap instead, and the excess would be taxed at 47% rather than 32%.
Ten years of service in each state
Same salary and leave, each state's Act at ten years; the last column shows a resignation.
| State | Long service leave | Net on redundancy | Net on resignation |
|---|---|---|---|
| New South Wales | $16,667 | $44,718 | $13,949 |
| Victoria | $16,667 | $44,718 | $13,949 |
| Queensland | $16,667 | $44,718 | $13,949 |
| Western Australia | $16,667 | $44,718 | $13,949 |
| South Australia | $25,000 | $50,385 | $19,615 |
| Tasmania | $16,667 | $44,718 | $13,949 |
| Australian Capital Territory | $16,667 | $44,718 | $13,949 |
| Northern Territory | $25,000 | $50,385 | $19,615 |
Frequently asked questions
How much redundancy pay on a $100,000 salary?
On a salary of $100,000 the base rate works out at $1,923 a week, and redundancy pay is that figure multiplied by the number of weeks set by the National Employment Standards: $19,231 after 5 years, which is 10 weeks; $30,769 after 9 years, the peak of the scale at 16 weeks; and $23,077 at 10 years or more, where the scale drops back to 12 weeks. An award or enterprise agreement may provide more, never less.
What makes a redundancy "genuine" for the ATO?
The job itself must be abolished and not filled again, the dismissal must not be a disguised retirement or a mutual exit, and you must be under pension age. A payment agreed to make a dispute go away, or a role quietly refilled three months later, is not a genuine redundancy whatever the letter says.
Which cap applies if I have two payments in one year?
The caps are annual, not per payment. Payments of the same type are added together against a single cap, and the whole-of-income cap keeps being reduced by your salary from both jobs. Two exits in one financial year is the case where the $180,000 cap most often runs out.
Related calculators & guides
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Final pay on a $80,000 salary
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Final pay on a $90,000 salary
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Final pay on a $120,000 salary
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Sources
Written by Mottalib Radif
INSEAD MBA · Mines Saint-Étienne engineer · Personal finance and employment entitlements
Updated on · Editorial policy · Contact
Rates 2026–27, last updated 2026-09-16