The Government has released exposure draft legislation and explanatory material for amendments to give effect to the 2018-19 ‘Mid-Year Economic Financial Outlook’ (MYEFO) announcement, that it would extend the concessional tax treatment of genuine redundancy and early retirement scheme payments, from 1 July 2019, to those under Age Pension qualifying age.

See below for further detail about this announcement and consultation details.

FJM 6.7.19

[Tax Month – July 2019]

Click here - to sign up ($11 per month)

or

LOG IN - to see the whole article.

 

 

 

About the author