Revenue Redundancy Payments? Method of calculation

amanda40

Dos anyone out there know the method of calculating the Redundancy payments for the Revenue and Customs. I had a document from years back, but not sure if it is still valid. It was along the lines of a months salary for every years service then an aditional month for every year over 5 years service. Not sure if there was a ceiling on it either.

Would appreciate any help given.

Many thanks

amanda40

Just bumping - any ideas anyone?

Debt_Free_Chick

Not sure what you mean by "for Revenue & Customs"??? They are only interested in compensation for loss of office i.e. severance, as only the first £30k is tax free. However, this does not include statutory redudundancy pay.

If you want the rates of statutory redundancy pay, you can find them here together with a ready reckoner.

amanda40

No sorry - I meant for Revenue and customs employees - I think our employers pay more than the Stat Amount but was not sure what it was. Thanks anyway

Andy_L

IR&C are civil servants aren't they? In which case:

http://www.civilservice-pensions.gov.uk/scheme_information/cscs/index.asp

will tell you all

Andy

amanda40

Thnaks for that Andy - I will check it out.