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Increase the £30,000 tax free sum for redundancy payments annually by RPI

Submitted on Friday 29th November 2013

Published on Monday 2nd December 2013

Current status: Closed

Closed: Tuesday 2nd December 2014

Signatures: 3

Tagged with

Tax

Petition Action

Increase the £30,000 tax free sum for redundancy payments annually by RPI

Additional Information

Increase the £30,000 tax free sum for redundancy/loss of office by the RPI/CPI annually. This should be done also retrospectively to its date of introduction in order to raise it to today's correct value. I have been in people management for 25 years and it has always remained static at £30,000 throughout that time.


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