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Creditshampoo
Posts: 1189
Joined: 06 Oct 2014, 19:48
Gender: Male

IHR

Post by Creditshampoo »

Now I am having trouble finding the answer.

Is IHR taxable?
Am I right the 34 weeks pay is not taxable but the other payment no idea how much that is is taxable?
Thank you
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hothothot
EX ROYAL MAIL
Posts: 422
Joined: 06 Sep 2016, 13:15
Gender: Male

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Post by hothothot »

34 weeks is tax free , pay in lieu of notice is taxed. If you don't work again until after April you can claim most of your tax back.
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rehabron
Posts: 1372
Joined: 01 Jul 2012, 18:43
Gender: Male

IHR

Post by rehabron »

hothothot wrote:34 weeks is tax free , pay in lieu of notice is taxed. If you don't work again until after April you can claim most of your tax back.
Spot on
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