Facing redundancy is stressful. But the financial decisions made in those first few weeks — about how your lump sum is structured and taxed — can make a very significant difference to what you actually receive. PPFS advises on Statutory Redundancy, the Basic Exemption, the Standard Capital Superannuation Benefit (SCSB), and top-slicing relief, navigating the Revenue rules to ensure your settlement is structured in the most tax-efficient way legally available to you.
“Do you know if your redundancy payment could be structured more tax-efficiently?”