How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask Tax Robin Your Own Question

Tax Robin
Tax Robin, Tax Advisor
Category: General
Satisfied Customers: 194
Experience:  15 plus years International Tax Law, Instructor
Type Your Australian Tax Question Here...
Tax Robin is online now
A new question is answered every 9 seconds

I have a question about redundancy payouts and leave

Customer Question

Hi I have a question about redundancy payouts and leave payouts. Do I pay tax on it again if my employer made my PayG summary amount inclusive of my redundancy payments and leave payouts? How do I seperate this on my return if there is no way of stipulating this?

This has also affected my family assistance payments for 2014-2015 and now I have to pay in as my redundancy payout was not expected.

Can you let me know if I should get another PayG summary from my previous employer that has more specific details?

Submitted: 1 year ago.
Category: Australian Tax