If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Tax on redundancy payment after full SCSB

banchang · 2018-02-09 13:47:33

I am facing a tax bill on my severance payment, & wanted to understand what should I be looking at to reduce it. This bill is after using max SCSB of Eur200k. I have heard of different tax strategies to reduce this using AVCs etc, but before I pursue with paying a professional I wanted to understand what if anything can be…

09-02-2018 1:47pm

#1

banchang

Registered Users, Registered Users 2 Posts: 1,278 ✭✭✭

Join Date: January 2007

Posts: 1139

I am facing a tax bill on my severance payment, & wanted to understand what should I be looking at to reduce it. This bill is after using max SCSB of Eur200k.

I have heard of different tax strategies to reduce this using AVCs etc, but before I pursue with paying a professional I wanted to understand what if anything can be done on this - if nothing possible I'm not going to waste money with a tax advisor.

Thoughts welcome.

0