tax on redundancy

C

culabula

Guest
hi

The company I work for have offered voluntary redundancy which works out for me at approx 75k, i have until 31st dec to accept and then funds will be issued 10 days after i leave. If my final date was 31dec then i would get my redundancy in the 2010 tax year would this be better for tax purposes or am I better off taking it 30th Nov in case they change things in the budget?
 
Obviously, no one knows yet what is going to happen in the budget, but if taxes or levies increase, you will probably be better off to take the payment in 2009.
 
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