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ONLINE RESOURCES / TAXATION INFORMATION /

Tax free component of bona-fide redundancy payments

Income year

Base limit

Per complete year of service

2008/2009 No longer able to rollover into super
2007/2008 $7,020 $3,511
2006/2007 $6,783 $3,392
2005/2006 $6,491 $3,246

2004/2005

$6,194

$3,097

2003/2004

$5,882

$2,941

2002/2003

$5,623

$2,812

2001/2002

$5,295

$2,648

2000/2001

$5,062

$2,531

1999/2000

$4,858

$2,429

1998/1999

$4,712

$2,356

1997/1998

$4,548

$2,274

1996/1997

$4,348

$2,174

1995/1996

$4,180

$2,090

1994/1995

$4,000

$2,000


Data supplied by the Australian Taxation Office
(http://www.ato.gov.au/content.asp?doc=/content/professionals/super/itl03.htm)