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2 Redundancies in Tax Year

1 reply 1.8K views
andy51210andy51210 Forumite
1 posts
Hi all,

I've not be able to find a definite answer to this on the interweb, so I would appreciate some info if anybody knows.

I am in the fairly unique position whereby I will be getting 2 x severance payments in 1 tax year from 2 different companies. The 2 payments combined will exceed the £30k tax free allowance. So my question is whether the tax free allowance is per tax year or per redundancy.

I hope that makes sense, and thank you for any answers in advance.

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