Redundant Watch

Robbie10538
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#1
Report Thread starter 10 years ago
#1
Does the money gained from being made redundant count towards the yearly salary of the person made redundant?
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Crips
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#2
Report 10 years ago
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In what context are you referring to? ie: if you are filling in tax forms, there is a seperate section for lump sums, if you are filling in student finance forms then you need to have a look at your P60 to see what has been put down as your annual earnings.... (like my sig says, if I am wrong, someone will soon correct me and then, hey pretso you have the right answer )
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Robbie10538
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#3
Report Thread starter 10 years ago
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The context is with EMA. My parents yearly earnings were just below the max reuirements but since one has been made redundant, they got a huge lump sum meaning if the yearly earnings count the amount recieved by redundancy, then it is above the EMA limit.
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Crips
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#4
Report 10 years ago
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Hmmm, not sure hun, I would assume it would be the final figure on your parents P60 form as this states the annual income for that tax year, if this includes the redundancy package then yes but I think you would be better off giving them a call and asking.
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Robbie10538
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#5
Report Thread starter 10 years ago
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Ok thanks
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