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Redundancy Protection is this income???
Bnjracing
Posts: 85 Forumite
Hi all
Just a thought. As redundancy looms large on the horizon (I work in an estate agents office) if I had to claim on my redundancy cover would this constitute income? I think it probably would but has anyone experienced this?
Just a thought. As redundancy looms large on the horizon (I work in an estate agents office) if I had to claim on my redundancy cover would this constitute income? I think it probably would but has anyone experienced this?
0
Comments
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Yes it would be income. But it wont be equal to your salary (I assume as most are not), so your SOA would change with a reduced income. If you are not paying an IPA now, then you are not going to pay one then.0
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