Taxation of Redundancy Payment

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Entries Tagged as 'Taxation of Redundancy Payment'

February 26th, 2009 · No Comments · Basic Rate of Tax, Compromise Agreements

This week we have had so many employment clients seeking advice on their Compromise Agreements and asking us the same question over and over again i.e. whether it is basic rate tax or the higher rate tax that is payable on compensation by an employer for making an employee redundant. The answer is any amount over £30,000.00 will […]

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Entries Tagged as 'Taxation of Redundancy Payment'

Taxation of Redundancy Payment

February 26th, 2009 · No Comments · Basic Rate of Tax, Compromise Agreements

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