We know how difficult and stressful a redundancy can be both emotionally and financially. That's why we want to remind you of the importance of understanding the various tax implications that come with your redundancy payout. It's important to note that not all redundancy payments are taxed in the same way. The ATO has a specific definition for redundancy and it's important to determine whether your payout is considered genuine or non-genuine, as this can have a significant impact on how your pa
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