What tax do you pay on a lump sum paid due to change in work practices?

[TheGrinch]

I am due to receive a small lump sum from the company I work for due to a change in work practice. The lump sum is being given for loss of future earnings. Is this money liable for tax at the top rate or is there a special rate?

 

[papervalue]

I am due to receive a small lump sum from the company I work for due to a change in work practice. The lump sum is being given for loss of future earnings. Is this money liable for tax at the top rate or is there a special rate?

http://www.revenue.ie/en/tax/it/reliefs/lumpsum_payments_employees.html#section2

take a look at the link above for details. i think that is what you are talking about

 

[TheGrinch]

take a look at the link above for details. i think that is what you are talking about

Great thanks for the help