Hello,
If the termination case is a genuine redundancy case, and employee will receive payment in lieu notice, severance and ex-gratia payment. Should we report this payments as ETP type R or are these payments considered as Lump Sum D due to this is a genuine redundancy case in STP2?
Thank you
Hey @RubyL,
Lump sum D is used to report the tax-free amount of a genuine redundancy or an early retirement scheme payment up to the tax-free limit.
ETP Type R will be used for a genuine redundancy in the following circumstances:
You can read more about the when an employee transfers or leaves on our website.
Hey @RubyL,
Lump sum D is used to report the tax-free amount of a genuine redundancy or an early retirement scheme payment up to the tax-free limit.
ETP Type R will be used for a genuine redundancy in the following circumstances:
You can read more about the when an employee transfers or leaves on our website.
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