Income tax and rebate on redundancy pay?

Hi all! Looked over a few posts and other sites regarding this but can't quite figure it all out so after some help please! So I was made redundant end of March and have just received my payslip regarding my redundancy pay. It's broken down to more sections in my payslip/agreement but for help see figures below: £30,000 - non taxable £17,000 - subject to tax £13,000 - subject to tax and NI £3,500 - owed holiday pay - subject to tax and NI Now where I am getting confused is the income tax rate and what I should pay for that. Let's say for argument sake I don't take another job in this tax year - what income tax should I pay and at what rate? Would this take into account all 'earnings' in this tax year which would be circa £64,000 and so some subject to higher tax bracket (40%)? Or would it only look at the taxable part, which would be circa £34,000 and keep me in the lower rate tax bracket (20%)? Payslip is showing £14,000 income tax, which I assume has based it off of last tax year and some higher rate tax as I earned £80,000. It also has me on the 0T/1 tax code. Any help or advice greatly appreciated, thanks!

Hi Pidge0123,
As the payment is made in March, this is the end of the tax year and the tax deducted will be based on the whole years income and as such the tax rate would be 40%
Thank you. 
 

Sorry the payment was made at the end of April, so from what I have read that means it is part of the new tax year? The payment was made in FY24/25

Hi,

Please refer to guidance at:

HS297 Capital Gains Tax and Enterprise Investment Scheme (2024)

Thank you.