7.7 On being made redundant by her employer, Penny received statutory redundancy pay of 1,750 and an

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7.7 On being made redundant by her employer, Penny received statutory redundancy pay of

£1,750 and an ex gratia payment from her employer as compensation for the loss of employment. Compute the amount assessable if the ex gratia payment was:

(a) £12,000

(b) £29,000.

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Taxation

ISBN: 978-0273730156

15th Edition

Authors: Alan Melville

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Question Posted: Jul 15, 2024 01:08 AM

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7.7 On being made redundant by her employer, Penny received statutory redundancy pay of 1,750 and an

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Taxation

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