I used to have 2 different roles, with 2 different contracts and 2 different rates of pay within the same company. Last year, I was made redundant from one of the position (the one with the higher rate of pay) and I was paid redundancy. It was mentioned to me at that time, about the fact that my redundancy had to be taxed as I still got the other contracted part time job with them and in my case, this was called "partial redundancy" Is that true?
Plus, on my pay slip, when the redundancy payment was done, they named it "bonus". Now, on my pay summary 2016, it did not specify anything about my redundancy payment. I do have the notice letter and the redundancy calculation payment notification to prove it.
Please, can you clarify this to me as I know the redundancy payments are usually free of tax up to certain level (my redundancy payment was about $10,000) and why the amount has not been shown separately on my payment summary 2016. Because of that, it looks like I had an increase in my pay last year, but in fact I lost one of my jobs.
Plus, on my pay slip, when the redundancy payment was done, they named it "bonus". Now, on my pay summary 2016, it did not specify anything about my redundancy payment. I do have the notice letter and the redundancy calculation payment notification to prove it.
Please, can you clarify this to me as I know the redundancy payments are usually free of tax up to certain level (my redundancy payment was about $10,000) and why the amount has not been shown separately on my payment summary 2016. Because of that, it looks like I had an increase in my pay last year, but in fact I lost one of my jobs.