Payroll Q&A – Is a payment able to be treated as a genuine redundancy?
Council is looking to restructure operations – a number of employees will be offered redundancy and others placed in a re-deployment pool until a set date. Where employees are placed in the re-deployment pool, should they not locate a suitable position within a set time period, will any payment made to them should they be terminated at the set date be treated/taxed as a genuine redundancy payment?
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Disclaimer: This article is based upon information available as at the time of publishing and may be subject to change.