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Part 05-05-19 - Taxation Treatment of Termination Payments ...

Part 05-05-19 - Taxation Treatment of Termination Payments ...

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other redundancy payments. Statutory redundancy is calculated on the basis of 2 weeks pay per year of service plus one additional week, subject to a maximum weekly pay figure of €600. 3.2 Pension Scheme Lump Sums In general,arises,lump sum payments from pension schemes are not taxable under section 123 by virtue of an exemption provided for ...

  Part, Statutory, Redundancy, Part 05, Statutory redundancy

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