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Episode 9: Will I have to Pay Tax on my Settlement Payment?
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Nội dung được cung cấp bởi Geoffrey Caesar. Tất cả nội dung podcast bao gồm các tập, đồ họa và mô tả podcast đều được Geoffrey Caesar hoặc đối tác nền tảng podcast của họ tải lên và cung cấp trực tiếp. Nếu bạn cho rằng ai đó đang sử dụng tác phẩm có bản quyền của bạn mà không có sự cho phép của bạn, bạn có thể làm theo quy trình được nêu ở đây https://vi.player.fm/legal.
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In Episode 9 of The Settlement Agreement Solicitor, host Geoffrey Caesar, an experienced solicitor with over 20 years in employment law, answers one of the most common questions: Will I have to pay tax on my settlement payment? Geoffrey breaks down the UK tax rules for settlement agreements, explaining which payments are taxable and which may be tax-free under the £30,000 exemption. He clarifies the distinction between contractual payments, like unpaid salary and holiday pay, and non-contractual payments, such as redundancy and ex-gratia payments, that can potentially be tax-free.
Tune in to learn how to navigate these tax rules, avoid unexpected tax bills, and maximise your financial outcome. For tailored advice, Geoffrey offers practical guidance on understanding and negotiating your settlement agreement.
Subscribe for more expert insights into settlement agreements and employment law!
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