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Redundancy Tax/Directors Fees

  • 02-07-2012 9:41am
    #1
    POK321
    Registered Users, Registered Users 2 Posts: 12 ✭


    Hi, I am able to be made redundant from my job and have three questions.

    1. Will I have to pay tax on the lump sum that I get over and above statutory?

    2. I have the option to keep on a few Directorship's in the company and sister companies, which I would like to do. If I keep them on and get paid for them will this effect by ability to claim back the tax from my lump sum?

    3. For tax purposes would I be better setting up a company and charge a fee to be a Director?
    Tagged:


Comments

  • #2
    nompere
    Registered Users, Registered Users 2 Posts: 1,678 ✭✭✭nompere


    1) Perhaps,

    2) Perhaps,

    3) Probably not.

    You need proper advice.


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