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The difference between voluntary and involuntary retrenchment
There is no “voluntary” aspect to retrenchment, and this phase should not be used as it is unhelpful when considering the tax treatment of severance packages and retirement fund benefits, says Jenny Gordon, head of Alexander Forbes Retail Legal.
There is no “voluntary” aspect to retrenchment, and this phase should not be used as it is unhelpful when considering the tax treatment of severance packages and retirement fund benefits, says Jenny Gordon, head of Alexander Forbes Retail Legal.