Is £30k exempt on redundancy pay included in STI

Exempt payments - feature in STI?

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Hi

Client's redundancy takes him over £100,000 but am I right that the £30k exemption is not included in total income and will therefore not lose the personal allowance? 

 

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By Accountant A
15th Jun 2020 20:17

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ALISK
By atleastisoundknowledgable...
27th May 2020 09:40

The £30k will appear on the P45, so would assume it would be included. At least it was on the last SATR I did involving it!

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Replying to atleastisoundknowledgable...:
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By Lass
27th May 2020 10:03

Hi Many thanks for your response!

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