Tax On Redundancy.

[Rainbow08]

My Jobs is being redundant,this is my second redundancy.last one back in 2005.Due to meet accountants organised by company,the whole thing is depressing.
Regarding to tax implication for myself,I'm just thinking about burying my head in the sand and say nothing about previous redundancy,is this an option?. Appreciate any advice on the matter. Thank You.

 

[pinkyBear]

Hi Rainbow, I am really sorry to hear about your news. If it were me, I would be honest about previous redundancy. I know it is hard but I would rather that than the revenue banging at my door...