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Posted Mon, 15 Jan 2024 13:14:40 GMT by PFT1
I recently received £30,000 tax free as part of a settlement agreement with my ex employer. For tax band and childcare purposes does this amount get deducted from my total pay therefore reducing my adjusted net income?
Posted Fri, 19 Jan 2024 09:55:09 GMT by HMRC Admin 20 Response
Hi PFT1,
If the lump sum is non taxable then not included. 
Thank you.

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