If you don’t know how to negotiate the taxation and Centrelink minefields, it can be a daunting prospect to accept a redundancy offer. But help is at hand and with professional advice you don’t have to go through it alone. To help get you started, here are six key strategies to consider: If you will be unemployed, use your existing savings, holiday pay, long service leave and tax-free redundancy payment to meet your living expenses. Any taxable portion of your redundancy ...
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