Dismissal compensation / termination fee

The settlement of the dismissal compensation depends on the circumstances. Often a dismissal compensation is only treated as wage for the ‘Loonheffingen’ ('LH'), but there are situations in which you need to make a severance payment for which you also have to calculate employee insurances ('SV').

In the Profit CLA and Basic CAO the following wage components are present for this purpose:

100.003.001 'Afkoopsom (LH)'
Enter the gross amount. This compensation counts as wage for wage tax/national insurances and the income-dependent ‘Zvw’ contribution. When using this wage component, you have to apply the green table.
100.003.002 'Afkoopsom (LH Netto)'
Enter the net amount. Profit grosses this up and calculates only the ‘Loonheffing' over the gross amount. When using this wage component, you have to apply the green table.
100.003.070 'Ontslagvergoeding (LH)'
Enter the gross amount. This compensation counts as wage for wage tax/national insurances and the income-dependent ‘Zvw’ contribution. When using this wage component, you have to apply the green table.
The way this wage component works is the same as the 100.003.001 'Afkoopsom (LH)' wage component. An additional wage component has been added to prevent you from wrongly using the 100.003.000 'Ontslagvergoeding (LH + SV)' when it is not is permitted.
100.003.000 'Ontslagvergoeding (LH + SV)'
Enter the gross amount. Profit calculates the ‘Loonheffing' and social insurance premiums.

Note:

Each wage component has a comment in which the operation of the wage component is explained. Always take a look at this explanation on the Comment tab in the properties of the wage component in the CLA. If you do not have the wage component available, first activate it.

You can enter the amount in the desired period.