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wonkytonk(Newbie)Newbie
24 Feb 2024

My husband was recently made redundant and received 3 months Pay in Lieu of Notice in addition to tax free redundancy pay. Is the Pay in Lieu considered taxable income, especially in the context of combined household income for paid parental leave and whether the PILON would contribute to the $350k joint household income.

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Is pay in Lieu of Notice considered taxable income? | ATO Community