Hi, putting in redundancy payments on form 11 online. Am going to paye section and putting redundancy in under other payments received on commencement/cessation. When i put in gross amount say 100000 and then taxable amount of 5000, the 5000 is not included in the calculation of tax. AM I PUTTING IT IN THE WRONG PLACE.
ALSO
When redundancy was taxed it was taxed at 41% emergency tax. However when added to other income for year and job seekers the average rate of tax is lower. WHAT RATE IS USED WHEN CALCULATING TOP SLICING.
ALSO
When redundancy was taxed it was taxed at 41% emergency tax. However when added to other income for year and job seekers the average rate of tax is lower. WHAT RATE IS USED WHEN CALCULATING TOP SLICING.