My employer allows a provision for cashing out long service leave. For me its a substantial amount (circa $60k). I'm aware this will be taxed at the highest rate giving me $38k. Should i take advantage of this payout and use it on a deposit for an IP? The only other conundrum is it may affect my child support payments however im pretty sure my tax return will be lodged after she turns 18. Of course i'm willing to accept the fact that i will have to rebuild my leave balances.