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Wallstreet Esq.
Wallstreet Esq., Tax Attorney
Category: Tax
Satisfied Customers: 581
Experience:  10 years experience
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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: Tax