P partnership Registered User Messages 651 22 Dec 2013 #1 How much tax would you pay on redundancy of 115k approx not statutory as d stamp average wage 75k.
V vandriver Registered User Messages 1,969 23 Dec 2013 #2 Get reading! http://www.revenue.ie/en/tax/it/leaflets/it21.html#section5
P partnership Registered User Messages 651 23 Dec 2013 #3 Thanks Vandriver but I did try it is impossible to understand. I think it will all be taxed as the increased limit does not apply if you get a pension lump sum later or so it seems!
Thanks Vandriver but I did try it is impossible to understand. I think it will all be taxed as the increased limit does not apply if you get a pension lump sum later or so it seems!
S Sue Ellen Moderator. Messages 10,402 24 Dec 2013 #4 If top slicing relief is relevant in this scenario then you need to apply before 31st December as it is being scrapped then.
If top slicing relief is relevant in this scenario then you need to apply before 31st December as it is being scrapped then.