Results 1-2 of 2 for and segment:8989344
- Written Answers — Department of Finance: Redundancy Payments (9 Sep 2024)
Gerald Nash: 326.To ask the Minister for Finance if he has any plans to review the tax treatment of redundancy payments; and if he will make a statement on the matter.[34324/24]
- Written Answers — Department of Finance: Redundancy Payments (9 Sep 2024)
Jack Chambers: The matter of whether a payment made to an individual is a redundancy or termination payment, and a statutory or ex-gratia element of same, depends on the specific circumstances of each individual case and may sometimes give rise to tax implications. The Redundancy Payment Acts 1967 – 2014 impose a statutory obligation on employers to recompense employees dismissed for reasons of...