€65,000 Termination Payment to Employee Not Exempt from Tax-Tax Appeals Commission Decides

Imagine this. You receive €65,000 on the termination of your employment, and you believe it is tax free. Then, the Revenue Commissioners come calling and they claim the payment is taxable. And they decide that, yes, it is taxable and raise an estimate for the taxation. Lately, I have a lot of employees coming to … Read more