Entering redundancy payments - On Line Self assessment form
Posted: Mon May 17, 2010 1:51 pm
Would someone be kind aenough to help with this
I have placed the gross redundancy amount ignoring the first tax free 30k, in section 4 'Tips and other payments not on your P60' section. Is this correct?
Should this be the gross or net redundancy payment?
At the moment it is calculating a whopping great tax bill for this despite that I should receive relief through private pension payments!
I have placed the gross redundancy amount ignoring the first tax free 30k, in section 4 'Tips and other payments not on your P60' section. Is this correct?
Should this be the gross or net redundancy payment?
At the moment it is calculating a whopping great tax bill for this despite that I should receive relief through private pension payments!