2 redundancies - tax implications

[urban myth]

I had two jobs. One full time, one part time.
i have been made redundant from my part time job. i have been offered c.2k

It is likely i could be made redundant from my full time role, which would be a significant payout.

i have a concern about the tax implication of the first one being tax free and how this could affect the (potential) second one.

i took this from another website - will i still be entitled to the increased exemption ?

Basic Exemption plus Increased Exemption

An additional €10,000 called the Increased Exemption is also available in the following certain circumstances:

• If you haven't received a tax-free lump sum in the last 10 years
• If you have never received a tax-free lump sum and you are not getting a lump sum pension payment

 

[44brendan]

You need to check this out with an expert. An accountant should clarify this for you.

 

[Joe_90]

Is the 2k above statutory redundancy?

Normally the SCSB will give a reasonable good result if you have worked there for any reasonable length of time.