Howlader & Co Blog

self assessment

Redundancy and Payroll Tax issues

11th January 2011

An individual with only employment income visited our office today. He was made redundant from his first employment (with severance package) and moved to a second job a few months later (within the tax year). As is common, the payroll department that produced his P60 at the second company failed to accurately represent the income from salary, benefits and redundancy from more