UK Taxation law
Category: Business and Money
Asked by: elisdad-ga
List Price: $5.00
30 Sep 2006 07:24 PDT
Expires: 30 Oct 2006 06:24 PST
Question ID: 769680
Are United Kingdon redundancy payments subject to National Insurance deductions, as well as Income Tax deductions?
Re: UK Taxation law
Answered By: answerfinder-ga on 30 Sep 2006 07:49 PDT
Dear elisdad-ga, This guide issued by the Inland Revenue (April 2005) states that you do not pay National Insurance and you pay tax on the amount above £30000. http://www.hmrc.gov.uk/guidance/redundancy-factsheet.pdf You will find the matter of National Insurance payments and redundancy payments is discussed in the Inland Revenue Manual. The conclusion is the same. http://www.hmrc.gov.uk/manuals/nimmanual/nim02580.htm I hope this answers your question. If it does not, or the answer is unclear, then please ask for clarification of this research before rating the answer. I shall respond to the clarification request as soon as I receive it. Thank you answerfinder Search strategy redundancy.payment national.insurance ://www.google.co.uk/search?hl=en&q=redundancy.payment+national.insurance&btnG=Search&meta=
|There are no comments at this time.|
If you feel that you have found inappropriate content, please let us know by emailing us at email@example.com with the question ID listed above. Thank you.
|Search Google Answers for|