Ex gratia and SCSB

[Merrion10]

For calculating with SCSB method, does average pay for previous 3 years include discretionary bonus paid, OT and BIK for healthcare

Who provides the average pay figure?

 

[AAAContributor]

does average pay for previous 3 years include discretionary bonus paid, OT and BIK for healthcare

All taxable income is included so the answer to the above is - yes.

See 3.5 here: https://www.revenue.ie/en/tax-profe...ains-tax-corporation-tax/part-05/05-05-19.pdf

Who provides the average pay figure?

The employer should provide something along these lines:

Redundancy for a second time within 10 years

HI All, I was just informed I am being made redundant in 01 March 2024 . I turn 50 in December. Its my second redundancy , last one was 28 Feb 2014. The below calculations were given to me but are these incorrect ? I used the SCSB relief (and retained my pension) in the 2014 redundancy...

www.askaboutmoney.com

 

[elcato]

My employer calculated mine this year as they did to others I talked to. The figures included bonus, ESPP and RSU's from what I worked out.