Hi guys.
I'm on an incentivised career break, and was given a 10k lump sum.
I've now been offered a redundancy package, which I plan to take.
My question, if I've only earned 10k this year, will this be taken into account when I get my redundancy lump sum?
I don't know the exact number, but I think you don't start paying tax until you earn over 18k?
I'm on an incentivised career break, and was given a 10k lump sum.
I've now been offered a redundancy package, which I plan to take.
My question, if I've only earned 10k this year, will this be taken into account when I get my redundancy lump sum?
I don't know the exact number, but I think you don't start paying tax until you earn over 18k?