top slicing

Head-wrecked

Registered User
Messages
25
Hi

Anybody know about top slicing. I got a redundancy payment this year and was told I should apply for top slicing relief next January. What is it and how do I apply, is there a particular form?
 
do a search for redundancy and you'll find some good information about top slicing.
 
The gist of it is that that you've been taxed at top whack on it and you may be due a refund of some of this tax if the tax you paid is more than your average for the past 3 years. There's a bit more to it than that, so see: [broken link removed]