Last year the UK insolvency agency granted me around £4,000 after the company I work for went bankrupt. That money was divided in:
- Redundancy pay
Unpaid holidays
Unpaid wages
Loss of notice
- I thought I had to included it under ""Compensation and lump sum £30,000 exception for any amounts entered in 'Redundancy and other lump sum and compensation payments" but a HMRC technician said that I should created a new page for my old employer (even though I wasn't working for them in the 2016-2017) and include there these figures. Is this true? Should I also include here the redundancy pay or only the other payments?
I didn't pay taxes for my loss of notice - only something called "notional tax". The UK Insolvency agency told me I don't need to include it in the tax return because it's not taxable. Is this true too?