Tax implications for corporate finance on directors' redundancies
Redundancy is a word that's likely to make a come-back, but pain can mitigated by knowing the tax system. Should you be a managing director, own your own business or be party to the directors' night of the long knives in which you find your own fate wrapped up with the doomed, when can you get tax-free payments? Nichola Ross Martin examines how the accountants can help the corporate finance department.
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