Tag Archives: Tax-Free Amount
Dealing with Redundancy
Facing redundancy can be a challenging and emotional time. However, with careful planning and understanding of your redundancy payments, you can turn this situation into an opportunity. This article outlines the steps to manage redundancy payments, tax implications, and how to use this windfall for future financial security, including debt repayment, savings strategies, and investments. Continue reading
Posted in Career Development, Financial Health, Financial Planning, Personal Finance, Support Services, Tax Strategies
Tagged Career Change, Centrelink, Concessional Tax Treatment, Debt Repayment, Early Retirement Scheme, Employment Termination Payment, ETP, Financial Advice, Financial Planning, Financial Windfall, Genuine Redundancy, Income Support, Investment, Job Loss, Redundancy, Redundancy Payments, Reskilling, Retirement Planning, Retraining, Savings Strategy, Tax-Free Amount, Taxation, Unused Leave Payments
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