If you have been made redundant you may be entitled to Top Slicing Relief. The purpose of Top Slicing Relief is that an employee who has been made redundant is not taxed at a rate greater than the taxpayer’s average rate of tax for the three income tax years prior to the tax year in which you received your redundancy payment.
If you have lost your job recently you may be entitled to a tax refund.
Contact us by phone or email and we will be able to establish if you are due any tax relief on a redundancy payment you received.