Tax relief for changes at work
Lump sum payments paid as compensation for change in working practices
You may be entitled to a lump sum payment as compensation for changing duties. These payments are included as pay and are taxed normally.
There are many reasons why compensation payments are made. Examples of these are:
- where working practices change such as the introduction of new technology
- where there is a move of your workplace from one location to another.
You may claim tax relief on this payment at the end of the year.
Subject to qualifying conditons
Any queries give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie