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Worried you’re missing part of your refund? Remember, the low and middle income tax offset isn’t a refund on its own – it’s used to offset (or reduce) the amount of tax you pay. The offset amount you may be entitled to is automatically applied and could range between $255-$1080, depending on things like your taxable income and how much tax you’ve paid.
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Redundancy Payment for employee over 66 years of age

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Newbie

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Replies 1

What would redundancy payment for an employee over 66 years of age get processed as, Excluded ETP or Non - Excluded ETP?

Thanks

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Most helpful response

Devotee

Replies 0

If age is the only reason why the redundancy is deemed to be non-genuine, the payment is an excluded ETP.  This link gives further details.

1 REPLY 1

Most helpful response

Devotee

Replies 0

If age is the only reason why the redundancy is deemed to be non-genuine, the payment is an excluded ETP.  This link gives further details.