PNG Severance & Redundancy Pay Calculator
Calculate termination settlements for redundancy or retrenchment in Papua New Guinea, including statutory notice pay, service gratuity, and tax-concession thresholds.
Normal fortnightly rate of pay.
Total Redundancy Settlement Package
Frequently Asked Questions & Statutory Background
What is the required notice period for termination in Papua New Guinea?
The Employment Act 1978 requires at least 4 weeks notice for employees with more than 5 years of service, 2 weeks for service between 1 and 5 years, and 1 week for service under 1 year, unless otherwise stipulated in the employment contract.
How is redundancy pay taxed by the IRC in PNG?
Under Section 67AA of the Income Tax Act, approved bona fide retrenchment or redundancy payouts receive concessional tax treatment, exempting the first K10,000 from standard income tax.
📊 Internal Revenue Commission (IRC) & Superannuation Matrix
| Statutory Component / Legal Deduction Item | Calculated Amount (PGK) |
|---|---|
| Primary Net / Statutory Payable Amount | K 0.00 |
Engr. Muhammad Shahzad
Principal Financial Systems Architect & Papua New Guinea Internal Revenue Commission & Superannuation Lead
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.