Dear Members,
If academic staff that were made genuinely redundant (their position was formally disestablished), would be re-employed on short-term fixed contracts to only "supervise out" their existing research students, would this affect their genuine redundancy tax concession?
Many academics are being made redundant at the moment, but many have MSc and PhD students that would greatly benefit from some form of continued supervision from their original expert supervisors, as that is what the students signed up for. Many academics do look after their students for free after redundancy out responsibility for their students, but also many students have been, and feel, abandoned.
The key point of contention would be that the new supervisor-only role would have been a part of the old role, but only probably ~20% for most academics. Of course a special ATO ruling could be very helpful and compassionate for many young research students at present.
Looking forward to comments and suggestions, thank you in advance!
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