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Ill Health Retirement & Tax....

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
Hawkey99
Posts: 568
Joined: 23 Oct 2011, 11:19
Gender: Male

Ill Health Retirement & Tax....

Post by Hawkey99 »

Does anybody know if you pay tax on the amount you get if you are Ill Health Retired ?

If so is it on all or part of the amount.

Many Thanks
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General Mannerheim
EX ROYAL MAIL
Posts: 2299
Joined: 14 Dec 2007, 13:10
Gender: Male
Location: Stalag 17

Re: Ill Health Retirement & Tax....

Post by General Mannerheim »

The actual part of ill health money i.e the 34 weeks is tax free, however if you have Pay in lieu of notice(PILON) which is usually the payment you get for service(12 weeks max) and any unused holidays is taxed.
Royal Mail managers.....about as popular as a t.urd in a swimming pool!
The DDA/Equality Act demands action,NOT words......adjustments NOT Occupational Health referrals.Case No:2505901/09
Royal Mail is an Equal Opportunities Employer..It discriminates against everybody.
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