Death benefit
If an employee has died, you can pay out a death benefit.
In the Profit CLA and Basic CAO the following wage components are present for this purpose:
- 100.008.007 'Overlijdensuitkering'
- 100.002.050 'Overlijdensuitkering belast'
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.
Untaxed death benefit
You can use the 100.008.007 'Overlijdensuitkering' wage component to enter an amount for an untaxed death benefit as a wage entry.
A one-off benefit payment on death is exempt up to a maximum of three times the monthly salary. That part of the benefit above three times the monthly salary belongs to the wage to which the special rewards table is applicable. The wage for the determination of the size of this exemption is the gross monthly wage including 1/12th of the annual salary for fixed guaranteed remunerations.
These are exceptions to this rule. For more information, see the wage tax manual.
Taxed death benefit
You can use the 100.002.050 'Overlijdensuitkering belast' wage component to add an amount as a taxed benefit for an employee over which 'Loonheffing' and 'ZVW' is calculated.
Exempted are the entitlements to a one-off benefit or provision in as much as this does not exceed three times the monthly wage at the time of the death of the employee. If the entitlement is for a higher amount, the amount above the threshold is taxed.
Note:
No employee insurance premiums are levied on employee death benefits.
See also