06
Jul
2019
A question about : Redundancy Tax Free Sum And Re Employment
Hi All
After being made redundant 3 months ago. There is now a vacancy within the same company but different department due to someone leaving.
What are the implications on the tax free sum if returning to the same company after 3 month? will the redundancy payment now be subject to income tax?
Thank you in advance for your advice
Best answers:
- No, there is no time limit.
- Some companies have their own policies though as it would make unhappy some employees to see someone is made redundant, received a sum of money only to come back to another job.
My previous company had a 3 months limit. - The 3 months is usualy there in company policies to avoid ET.
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