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VIC Notice Period - 5 weeks, Redundancy Package

Discussion in 'Employment Law Forum' started by neli, 12 March 2015.

  1. neli

    neli Member

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    In the 5 weeks that I have a redundancy notice period, do I have to pay tax or is it tax-free for those 5 weeks?
     
  2. Ivy

    Ivy Well-Known Member

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    Hi Neli,

    Here is a link to the Australian Tax Office page on Redundancy payments: Redundancy payments | Australian Taxation Office

    If your notice period pay is pay that you are receiving for doing a job (ie, you're still at work), then yes, you will have to pay tax. Read the linked webpage for more information.
     

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