New redundancy tax rules

Posted on 01 Sep 2016

New redundancy tax rules

The Mail reports that from 2018 workers who receive extra cash for redundancy in the form of payment in lieu of notice will have to pay income tax and national insurance on this award. Currently, employees receiving under £30,000 do not have to pay. The paper says the new rules were buried in the Autumn Statement last month.

Source: Daily Mail (07/12/2016)

View more blog posts

Posted on 30 Aug 2016

Brexit not a threat

Brexit not a threat says recent survey say Harris & Co Northampton accountants

Posted on 24 Aug 2016

Rates appeals may be blocked

Rates appeals may be blocked say Harris & Co Northampton accountants

Posted on 24 Aug 2016

Scrap auto enrolment opt outs?

Should auto enrolment opt outs get scrapped ask Harris & Co Northampton accountants

Posted on 24 Aug 2016

Small retailers in distress

Small retailers are in distress say Harris & Co Northampton retail accountants