Redundancy Payment under £30,000

Tax-free Redundancy Payment

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I have agreed to pay redundancy of under £30,000 to a member of staff on termination of employment, however, I cannot find anywher to input this as a tax-free payment in the Basic PAYE Tools system.  The only option is to show it as income from employment -- which is taxed in full!

Can anybody help please?

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By stratty
25th Jul 2016 14:58

You will not be able to do this in BPT as you cannot setup individual pay components. Either you use better software or leave the payment off the payslip.

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