Posted by: Jade Sweeney

Posted on: .

How could changes to tax-free termination payments affect employers?

It is a common misconception that all payments on termination of employment qualify for a £30,000 tax exemption. The exemption only applies if the payment is not otherwise chargeable to income tax.

 

http://www.personneltoday.com/hr/how-could-changes-to-tax-free-termination-payments-affect-employers-redundancies/

 


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