Why you should use annual leave before quitting

Quitting your job soon? Using your annual leave first could leave you better off.

A lot of people assume getting their annual leave paid out is the same as taking it. It is not. The part many miss is that paid out annual leave generally does not come with super, but leave you actually take while still employed usually does.

That is why this matters. It is not just about getting the leave paid. It is about missing out on extra super and, in some cases, cashing out leave at a lower rate than you might be paid later.

P.S. If you want help understanding how annual leave, super and tax all work together before you resign, send me a DM and let’s chat.

Disclaimer: This video is not for financial or tax advice and for educational purposes only. Liability limited by a scheme approved under Professional Standards Legislation.

#taxagent #tax #taxadvice #superannuation #annualleave #australia

Видео Why you should use annual leave before quitting канала Adam Jacobson