Drafting original

At certain times of the year, it’s common to see a sharp increase in the number of applications to claim long service leave. The run up to the Easter holidays is one of our busiest periods for claim applications.

Members are reminded that CoINVEST processes claims on a first-in first-out basis, regardless of the leave start date listed in your application. A large proportion of claims are auto-processed and are often paid within 1 to 3 business days from application.  It is vital that the information contained in your claim application is right for your situation.

We sometimes see applications come in at this time of year with a leave start date in the next financial year (i.e. after 1 July 2023). This can create a few challenges, due to how claims are processed and the implications around taxable income.

If you would like your claim payment to be paid in the 2023/24 Financial Year, please only submit your application to CoINVEST after 1 July 2023. 

Long Service Leave claim payments are subject to tax – so it is important to be mindful about making a long service leave claim and how this might affect your personal tax circumstances. For more information regarding long service leave claims – including how to apply, how your rate of pay is calculated, and much more – visit our claiming long service leave help page.