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Settlement Agreement with staggered payments

Answer
adam wilson
Posted Sun, 08 Sep 2024 17:25:58 GMT by adam wilson
If a Settlement Agreement has staggered payments (e.g. 4 quarterly payments), should this be received via the employers payroll and will the £30k tax free allowance apply to the cumulative total of the payments?
Answer
HMRC Admin 32 Response
Posted Fri, 13 Sep 2024 13:35:33 GMT by HMRC Admin 32 Response
Hi,
The answer to both of your questions is yes.
Thank you.

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