Termination and Redundancy Pay: What are the Tax Implications?

redundancy tax

Redundancy can bring on a whirlwind of emotions: uncertainty, stress, disappointment, and maybe even a bit of fear. Fortunately, to ease you through this transition, you will often receive a redundancy payment aligned with your period of continuous service. Understanding the ins and outs of redundancy, its associated payments, and the taxation laws around it […]