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Episode 9: Will I have to Pay Tax on my Settlement Payment?
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Kandungan disediakan oleh Geoffrey Caesar. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Geoffrey Caesar atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
Received a settlement agreement? Email [email protected] or call 0800 061 4816 for a free, fast, confidential service.
In Episode 9 of The Settlement Agreement Solicitor, host Geoffrey Caesar, an experienced solicitor with over 20 years in employment law, answers one of the most common questions: Will I have to pay tax on my settlement payment? Geoffrey breaks down the UK tax rules for settlement agreements, explaining which payments are taxable and which may be tax-free under the £30,000 exemption. He clarifies the distinction between contractual payments, like unpaid salary and holiday pay, and non-contractual payments, such as redundancy and ex-gratia payments, that can potentially be tax-free.
Tune in to learn how to navigate these tax rules, avoid unexpected tax bills, and maximise your financial outcome. For tailored advice, Geoffrey offers practical guidance on understanding and negotiating your settlement agreement.
Subscribe for more expert insights into settlement agreements and employment law!
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