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Where Taxpayers and Advisers Meet

redundancy payments

Feedback
Posts:351
Joined:Thu Feb 23, 2012 10:26 am
redundancy payments

Postby Feedback » Mon Feb 13, 2017 3:58 pm

are redundancy payments classed as income for the purposes of calculating the personal allowance?

section 44
Posts:4467
Joined:Thu Oct 30, 2008 12:47 pm

Re: redundancy payments

Postby section 44 » Mon Feb 13, 2017 4:01 pm

Yes, unless the payment falls within the termination payment exemption


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