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Redundancy and tax credits
doodle77
Posts: 1 Newbie
Can anyone tell me whether statutory redundancy and enhanced redundancy count towards tax credit claims as income?
Thanks
Thanks
0
Comments
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You will have to inform tax credits that you are no longer employed as you will not be entitled to working tax credits any longer but SSP and enhanced redundancy is only income for tax credit purposes if it is in excess of £30,000 (I believe this figure to be correct but perhaps one of the more knowledgeable posters can confirm for you) x0
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