Top Slicing Relief
Top Slicing Relief
Top Slicing Relief, which was an additional relief granted in respect of the tax payable on a lump sum payment, has been abolished in respect of all ex-gratia payments (both redundancy and retirement), made on or after 1 January 2014.
For the period 1 January 2013 to 31 December 2013, individuals who received an ex-gratia payment, excluding statutory redundancy, where the amount was €200,000 or more are not entitled to claim Top Slicing Relief.
For More on Top Slicing Relief Read:
Common Tax Mistakes That Can Sting Your Business!
Are you leaving yourself exposed to heavy penalties? Below are some common tax mistakes that can sting your business! Because…
Paycheck Plus, Your Award Winning Payroll Service
With more than 30 award wins already Paycheck Plus are the most decorated payroll company in Ireland. We provide comprehensive, ISO accredited payroll services to organisations off all sizes. Our multi-award-winning global payroll team specialise in all aspects of payroll, including payroll consultancy, payroll audits, payroll reporting, payroll training and much more.
To ensure payroll accuracy or for more information on our payroll services simply request a quote or call our Irish office on +353 (0) 1 905 9400.
Emily is an honours business graduate. She joined the Paycheck Plus Graduate Programme in 2022 and works with both our UK and Irish payroll teams. She is currently studying to obtain a payroll technician accreditation and is keen to develop her payroll knowledge and skills.