Tasmanian government reports redundancy tax bungle to ATO which could impact former workers
In short:
Tasmanian state service employees who took voluntary redundancies stretching back over a decade could be on the hook for a tax bill after successive state governments bungled their tax arrangements.
The government has self-reported the issue to the ATO, which centres on the way in which the redundancies were classified for tax purposes.
What's next?
Former employees are being advised that no action is required "at this stage", while it's yet to be confirmed if the ATO will pursue the money owed and whether it will be paid by the government or former employees.
