So how does it work, if for example I get a £40k payout, £30k is tax free and the £10k is taxed.
If I then get another job does the total amount get included in my earnings or just the £10k that has been taxed.
Also, if I’ve got corporate share save / purchase schemes that are paid out as a result of redundancy, do these also have to be included in earnings or a these separate?
If I then get another job does the total amount get included in my earnings or just the £10k that has been taxed.
Also, if I’ve got corporate share save / purchase schemes that are paid out as a result of redundancy, do these also have to be included in earnings or a these separate?