TR 2009/2 ruling on ‘genuine redundancy payments’ addendum – to update for extension of concession from age 65 to pension age

On 29 January 2020, the Commissioner updated his ruling on ‘genuine redundancy payments’ to include amendments extending concessional tax treatment from age 65 to social security pension age (which is typically later than age 65).

See below for further details.

[Tax Month – January 2020]