Tools/Projected Long Service Leave Liability
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Projected Long Service Leave Liability

Balance-sheet provision for future long service leave entitlements.

Projected long service leave liability

Estimate the present-value provision for future long service leave entitlements using expected wage growth, a discount rate, and probability of vesting.

IMPORTANT DISCLAIMER

This calculator is provided for general information and operational support only. It does not constitute legal, tax, accounting, financial product, credit, lending, investment, superannuation or valuation advice.

This calculator does not constitute:

  • Legal advice
  • Tax advice
  • Accounting advice
  • Financial product advice
  • Credit assistance
  • Lending advice
  • Investment advice
  • Superannuation advice
  • Valuation advice

Results are indicative only. Outputs depend entirely on information entered by users and the assumptions selected. Users must independently verify every calculation before relying upon it. Professional advice should be obtained where appropriate.

Your details
Results
Provision (balance sheet)
$11,443
Present value of entitlement
$14,304
Nominal value at eligibility
$18,628
Escalated weekly wage
$2,149

IMPORTANT DISCLAIMER

This calculator is provided for general information and operational support only. It does not constitute legal, tax, accounting, financial product, credit, lending, investment, superannuation or valuation advice.

This calculator does not constitute:

  • Legal advice
  • Tax advice
  • Accounting advice
  • Financial product advice
  • Credit assistance
  • Lending advice
  • Investment advice
  • Superannuation advice
  • Valuation advice

Results are indicative only. Outputs depend entirely on information entered by users and the assumptions selected. Users must independently verify every calculation before relying upon it. Professional advice should be obtained where appropriate.