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Redundancy and Rebate at end of Tax-Year

Hello,

I'm not sure if this is A) a silly question or B) has been answered elsewhere, but I'm hoping for some advice regarding redundancy and subsequent tax rebate.
The HMRC site and other searches haven't really clarified this for me.

I am due to be made redundant on 28th March this year, and I am wondering how redundancy at the very end of a financial year will affect any rebate I might be entitled to.

I'd be very grateful for any advice I can be given on this matter.

Thanks:)

Comments

  • If you are normally paid monthly (so no payment would normally be due in 1 to 5 April), then you should expect the payment made to you on 28 March to be taxed and subject to NI to complete your liabilities for the year. Therefore no tax rebate would be due.
  • Thanks for the info, anamenottaken
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