Transparency and traceability of funds is essential in our business. To support this, there are changes to the Adjustment Levy Advice form and the way employers claim refunds from adjustments.
What? To date, employers have been able to perform an Adjustment Levy and any associated refund using one form. These now must be submitted separately.
How? Use the new Adjustment Levy Advice form to submit your amendments. Use the Refund Request form to apply for your refund.
Note: we are no longer able to offset the payment of adjustment levies with monies owed from a levy overpayment. In exceptional circumstances, Coal LSL may agree to refund amounts being offset against outstanding levies; however, employers must seek agreement from Coal LSL for this.
When? This change is effective Monday 25 October 2021. From this date, adjustments submitted using the old form and procedure will be returned for resubmission following the new process.
Why? This will improve transparency and traceability of the transactions and, in time, enable faster processing of refunds.
Further questions? You’re welcome to get in touch with our levy processing team by calling 1300 852 625 between 8.30am and 4.30pm Monday to Friday (AEST or AEDT when in operation) or via our online enquiry form.
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