New Redundancy Payments Legislation: the Redundancy Payments Bill 2003

S

Slash

Guest
Does anyone know if the Redundancy Payments Bill 2003 has been signed into law? If so, from what date do the new regulations apply?
 
Hi Slash,

According to adverts in today's newspapers (see here also), the Redundancy Payments Act 2003 will come into operation on 25th May, 2003.
 
Redundancy Payments Act - taxation

An article in yesterday's Irish Times stated that the statutory redundancy payments made under new legislation enacted last Sunday "will be exempt from taxation, the Department of Enterprise, Trade and Employment has confirmed."

The article continued: "there had been "fears" that payments above an existing cap of €10,160 would be taxed."
 
Back
Top