Other UK income 28 - Redundancy and other Lump Sum and Compensation Payments

If all you have is a redundancy payment up to £30,000 against which your employer has allowed an exemption, enter the amount of the payment in the 'Compensation and lump sums up to £30,000 exemption' box, not this box.

For example, if you received a redundancy payment of £10,000 it would be covered by the £30,000 exemption so do not make an entry in but enter £10,000 in the 'Compensation and lump sums up to £30,000 exemption' box.

If your redundancy payment is more than the £30,000 exemption limit, enter the amount over the limit in this box, the tax deducted in the 'Tax taken off box and the £30,000 limit in the 'Compensation and lump sums up to £30,000 exemption' box.

Do not include any amount of the payment which is not taxable, either because it is specifically exempted or because it is taxable overseas and not in the UK.