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Amazing - that the company pays you out like that over a course of 3 years. wouldn't you still have to lodge a tax return (of course PAYG is taken out) - i got a package last year and they have some really complex formula to work out if you exceeded x threshold etc you would get tax this amt...

good to go in the first half of the financial year so taxation wise you can plan for it. you would have at least 100K+ tax free from that tax figures (due to genuine redundancy tax laws) but with 7 figures - i reckon you wouldn't need to work this financial year.

sometimes i miss working there as i knew the people and the systems and the process. the package was generaous as well but it seems like the place is tanking. you could better off take the package before there is nothing left. i still don't understand why they decided to sell the site, they...