When providing my health fund with YTD figures do I include my redundancy amount that is tax free?
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Hi aaaa10,
tax free income will not be required, however you have to be sure it will be tax free. It is not always simple with redundancies as there can be many components. Best to speak to a registered tax agent who is familiar with your circumstances. You can find out about what income is included here ATO Guidance
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Hi aaaa10,
tax free income will not be required, however you have to be sure it will be tax free. It is not always simple with redundancies as there can be many components. Best to speak to a registered tax agent who is familiar with your circumstances. You can find out about what income is included here ATO Guidance
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