Processing Complex Termination Settlements - Recorded Webinar

When an organization terminates an employment relationship, payroll professionals are tasked with processing final payments. These settlements may include a retiring allowance or a salary continuance, claims for damages, legal fees or other post-employment benefits. It is essential to understand the taxation and reporting requirements for each type of payment or benefit provided.

This webinar answers questions such as:

• Can a settlement be treated as a salary continuance if the employee requests installment payments over a period of time?
• Are claims for damages non-taxable?
• When paying the employee’s legal fees, is the amount taxable and reportable?
• How do we treat payments provided in lieu of certain benefits at termination?

Participants can email questions ahead of time to infoline@payroll.ca.

About the Instructor

Laura Angelo, PLP

Payroll Compliance Advisor, National Payroll Institute

Laura Angelo, PLP, holds the Payroll Leadership Professional Designation and Certification in Adult Education - Staff Training and Development.

Laura has over 20 years of experience in both the public and private sectors with a diverse range of industries. She has processed and managed payrolls under 500 employees to managing complex payrolls in high-volume environments.

Note: Continuing Professional Education (CPE) hours will be applied to your current cycle at the time of registration.

How to access your recorded webinar:
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You will have access to the recorded webinar 24 hours after receiving the login information.