Making staff redundant
Tax when making staff redundant
If you make staff redundant, you may give them a 바카라 사이트˜termination payment바카라 사이트™. This could include:
- statutory redundancy pay
- holiday pay
- unpaid wages
- company benefits, for example bonuses
You must deduct tax and National Insurance from some payments.
You do not deduct tax on the first £30,000 of statutory redundancy pay.
What you바카라 사이트™ll deduct tax and National Insurance on depends on what바카라 사이트™s included in the employee바카라 사이트™s termination payment.