Redundancy payout

[josadler7]

Hi
I have just been told that after the consultation period my job is to be made redundant, the company (I have been here 18 months) has offered me a reasonable payout with my notice period of 2 months tax free. The agreement document states the Tax act 2003 (s403) as justification for not tax deduction but it then goes on to say that the company has no tax liability should HM revenue decide to the contrary. This is very worrying – can anyone confirm that tax is not paid or what their experience has been in similar circumstances?
Thank you very much in advance.
Jo

[dundurn]

In my experience, the first £30,000 of any redundancy payment is tax free.

[josadler7]

Thank you dundurn, the document does state that up to £30k is tax fee. Before this simply speaking it says that the comapny belueves that due to the act of 2003 no tax is taken but there is more about the comapny not be responsibly should the revenue go after taxing the payout.
Have you had direct experience?

[factor-fiction]

You have posted this twice. I have answered your other thread but don't propose to repost the response here. I think it leads to fragmented responses when questions are posted twice

[josadler7]

Sorry factor30 I wasn't sure which category it came under and urgently needed some help since it will have profound impact on my lie in the short term.