What are the implications of an employee receiving a tax free termination payment and then comming back to work for the same employer 1 year later. Are there any laws around this? The employee has worked for another compnay in the mean time. Can he be re-hired?
AFAIK, an employee who has been made redundant cannot be re-employed by the same company for at least one month following redundancy (as per phone call to Revenue recently)
IMO there is a gaping loophole here but that is what Revenue told me anyway
SCSB is merely a method of calculating how much of somebody's ex-gratia (amount over and above statutory) redundancy lump-sum will be tax-free so it is a redundancy situation.