by Marketing | Mar 13, 2014 | Employment, Income Tax - Individuals, Redundancy Payments
A genuine redundancy payment is a payment you receive because the job you were doing is abolished. That is, your employer has made a decision that the job you are doing no longer exists and your employment is to be terminated. A genuine redundancy has special tax...
by Marketing | Mar 4, 2014 | Income Tax - Individuals
From 1 July 2012, an individual’s entitlement to a private health insurance rebate will be income tested. These changes are for the 2012-13 financial year.Taxpayers will not be entitled to their current rate of rebate if their income for Medicare levy surcharge...
