Termination Payments: Tax & National Insurance

When employment ends, different parts of a leaving payment are taxed in different ways. This course explains which payments are taxed as normal pay, how the £30,000 threshold works for redundancy and compensation payments, post-employment notice pay (PENP), and employer Class 1A National Insurance.

This course gives general information about UK tax rules and is not tax advice. Rules and rates can change; check HMRC guidance or take advice for complex packages.