just wanted to know if i take ill heaith retirement which i've been told is 34 weeks pay plus 12 for my service do i get taxed on it
p.s i dont have a pension( i know stupid hindsight a wonderful thing) cant get a straight answer anywhere can you help also do i still keep my shares
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ill health retirement taxed??
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daveallum
- EX ROYAL MAIL
- Posts: 175
- Joined: 09 Mar 2010, 17:42
- Gender: Male
Re: ill health retirement taxed??
I left under IHR 2.5 years ago and I didn't get taxed on my lump sum,also you will get to keep your shares as you are classified as a "good" leaver.robbojnn wrote:just wanted to know if i take ill heaith retirement which i've been told is 34 weeks pay plus 12 for my service do i get taxed on it
p.s i dont have a pension( i know stupid hindsight a wonderful thing) cant get a straight answer anywhere can you help also do i still keep my shares
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RobertT
- EX ROYAL MAIL
- Posts: 6692
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: ill health retirement taxed??
I think the lump sum is tax free but the 12 weeks pilon will be taxed.
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