Redundancy Archives | Taxfile https://www.taxfile.co.uk/category/redundancy/ Tax advice & accounting services for South London businesses & SMEs Tue, 22 Jul 2025 13:51:18 +0000 en-GB hourly 1 Tax Refunds After Redundancy: Claiming Your Cash Back – A Taxfile Guide https://www.taxfile.co.uk/2025/07/tax-refunds-after-redundancy-guide/ Tue, 22 Jul 2025 10:56:01 +0000 https://www.taxfile.co.uk/?p=8991 Tax Refunds After Redundancy: Claiming Your Cash Back – A Guide

If you've recently lost your job and are wondering how tax refunds on redundancy payments work and are considering claiming back tax you may have overpaid, you've come to the right place. Being made redundant is a challenging time, both emotionally and financially. Amongst the many adjustments, understanding your tax position might feel like an unwelcome extra burden. However, here at Taxfile, we know that many individuals who experience redundancy are actually due a tax refund or tax rebate. So, we're here to cut through the jargon and help you get back what you're owed.

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Lump sums, redundancy & compensation payments https://www.taxfile.co.uk/2008/05/lump-sumsredundancy-and-compensation-payments/ Sat, 31 May 2008 16:17:00 +0000 http://www.taxfile.co.uk/new-Taxfile-WP-blog/2008/05/lump-sumsredundancy-and-compensation-payments/ When dealing with lump sums, redundancy and compensation payments great care needs to be exercised. The reason behind this is that this type of income will not necessarily be taxed as normal employment income. Up to the first £30,000 of any compensation payment can be paid to you without deduction of tax if it is […]

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