Quizzes & Puzzles8 mins ago
redundency
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Hi, my partener was made redundent almost 2 yrs ago tax and everything else was paid prior to him receiving his payout, then he started work for another company where he has been ever since but unfortunatly back last december he was diagnosed with bowel cancer which he has been treated for ad is now back at work, he applied for a tax rebate here is where the roblem starts the TAX MAN wants the taxable element of the redundency payment proof of, well we shredded all the documents about 2 months ago what he received from the company thinking we would not need them again WRONG. the tax reckon they have no details and want us to supply them so does anyone know if there is an office that deals with this matter HELP.
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For more on marking an answer as the "Best Answer", please visit our FAQ.I am sorry to hear about your partners illness and glad that he is on the mend.
The first �30k of any redundancy payments are tax free. If the payment was in excess of this, the extra tax would have been paid through PAYE. This would be on his P60. If his P60 has been destroyed, I am not sure if his old company can/will provide a copy or evidence of earnings/tax. If the HMRC claim that they have no evidence of this, this will need to be taken up with his old company. I am struggling to see why they would need this if these events were in different tax years, unless he had a Gap between being redundant and starting his new role, as well as the gap when he was ill. I had a gap when i was made redundant the last time and made the mistake of not claiming benefits - HMRC took a long time to be convinced that I was neither earning or claiming benefits for 4 months. I hope that you get it sorted out.
The first �30k of any redundancy payments are tax free. If the payment was in excess of this, the extra tax would have been paid through PAYE. This would be on his P60. If his P60 has been destroyed, I am not sure if his old company can/will provide a copy or evidence of earnings/tax. If the HMRC claim that they have no evidence of this, this will need to be taken up with his old company. I am struggling to see why they would need this if these events were in different tax years, unless he had a Gap between being redundant and starting his new role, as well as the gap when he was ill. I had a gap when i was made redundant the last time and made the mistake of not claiming benefits - HMRC took a long time to be convinced that I was neither earning or claiming benefits for 4 months. I hope that you get it sorted out.