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Posts Tagged: Allocation

I Just Got Fired – Why Am I Getting a Retiring Allowance?

As discussed in previous posts and in my recent Canadian HR Law article, it is sometimes possible to allocate portions of a severance payment in a more tax-effective manner than simply paying a regular salary with all associated withholdings and deductions. Where amounts are paid as a lump sum, they are often paid as a “retiring allowance” in accordance with […]



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