tax on redundancy

[wendy]

Hi Folks

I Am Getting A Redundancy Payment From A Government Dept.
I Have Only Received A Rough Guide As To The Tax On It
The Amount Is 5000 And It Relates To Payment For Been Made Part Time For A While
What Is The Actual Liability Or How Is It Calculated ?

 

[ClubMan]

Do you mean this guide?

[broken link removed]

Have you searched the site for further threads on similar topics? If the amount is significant then you might want to get indepdendent, professional advice.

 

[wendy]

thanks buddy thats the one