The first £30000.00 of the redundancy payment is tax free. Anything over this sum is shown in box 5 of SA101, page Ai2. The guidance advises:
• redundancy pay
• post-employment notice pay
• compensation for loss of office
Include the amount of taxable post-employment notice pay and the amount of the balance of the payment which is above the £30,000 exemption limit. Do not include any amount of the payment which is not taxable, either because it is specifically exempted or because it is taxable overseas and not in the UK. The amount up to the £30,000 limit goes in box 9."
Additional information notes
Additional information (2023)