Revenue eBrief No: 57/26 Complete Years of Service for Termination Payments The Payments on Termination of an Office or Employment or Removal from an Office or Employment Tax and Duty Manual (TDM) has been updated to include an additional example on the treatment of protected statutory leave when calculating complete years of service for the purposes of calculating the tax-exempt portion of a termination payment. The manual outlines how years […]
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