Great Future · money

Leave payout and tax

Estimate accrued leave value and understand why the payslip tax can differ.

Reviewed 21 September 2026

Direct answer

A leave payout starts with eligible accrued days and the applicable remuneration basis. Payroll tax treatment depends on how the payment is classified and processed, so the gross leave value and final net payment are different questions.

Open Leave Payout Calculator

Worked example

Use the leave calculator to convert eligible days and ordinary remuneration into a gross planning value. Keep that result separate from any PAYE estimate shown by payroll.

Limits to check

Leave entitlement, forfeiture, termination facts, variable remuneration and tax directives can change the result. Confirm with the employer and current official rules.

Official and primary sources

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