Hi,
My last employer has not deducted tax on my redundancy payment but the same has been added to my taxable salary on P45. Should I call HMRC to inform the same.
Replies (3)
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What were the components of your redundancy pay.
Can you shed any light on the components of your redundancy pay?
Some of it may have been taxable, and some not.
If the non taxable elements have been added to your taxable pay then I would ask your previous employer to amend their payroll, as it appears to have been done incorrectly.
Then it is wholly non taxable
You need to ask your previous employer to amend their payroll - or else you will end up paying tax in due course.
Your next employer will calculate a cumulative difference and then you will end up paying.
Bit tricky for you, but I think that is all that can be done.