Redundancy pay, pension contribution & tax (2nd question)

I understand £30k of Redundancy money is tax-free, but if you were to receive more than that, are you able to pay the excess into a Pension yourself (as opposed to your Employer paying it in) - and claim back the tax paid on it? For example, if you received £50k Redundancy pay, £30k would be tax free and £20k would be taxed - but then you decided to pay £20k into your pension yourself - would it be possible to claim back the tax paid on the £20k? Thank you for your help!

Hi,

The taxable element of the redundancy payment will be taxed when paid to you by your employer. From the net payment received you can pay into a pension. 

Thank you.