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31 July 2020
On receiving a genuine redundancy, can a payout for unused Leave and Long service leave be applied to concessional contribution to supperannuation, when eligible for transition to retirement phase
Most helpful response
3 August 2020
Not unless there was a salary sacrifice arrangement in place whilst the leave was building.
The employer will apply schedule 7 to the unused leave and you can then make an after tax contribution.
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