Hi,
I have handed in my notice and my contract requires me to give 2 months notice which I have.
Employer has offered to pay it early as PILON.
Does this mean a higher tax upfront on the combined amount -v- if it was paid out over the 2 months?
Granted I can reclaim the tax etc at some point but with no job lined up, I'd prefer to stretch the wages.
Thanks!
I have handed in my notice and my contract requires me to give 2 months notice which I have.
Employer has offered to pay it early as PILON.
Does this mean a higher tax upfront on the combined amount -v- if it was paid out over the 2 months?
Granted I can reclaim the tax etc at some point but with no job lined up, I'd prefer to stretch the wages.
Thanks!