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FionaJ(I'm new)I'm new
24 Sept 2025

If I retire in July and receive my leave entitlements as a lump sum such as Lump Sum A and I don't receive any other income for that financial year, when I lodge my tax return the following July, will I get a refund of the tax paid on Lump Sum A or is it fixed forever?

72 views
3 replies
72 views
3 replies

All replies

PayrollDeanne(Taxicorn)Taxicorn
24 Sept 2025

Hiya @FionaJ 👋


For a "normal" termination, Lump Sum A is only for leave that accrued prior to August 1993, as per the tax table.


Otherwise, it's taxed marginally (as if the payment was paid over the FY instead of a lump sum).


Deanne


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