This very thread courtesy of Postman, not sure where it's from but it looks official, obvs you'd get it backJefferson Starfish wrote: ↑01 Aug 2023, 16:51And why would it be taxed at 40% if you leave?fallenworld2022 wrote: ↑01 Aug 2023, 16:43if u left the now u would hardly get any lump sum as its 40 per cent taxed if u leave the now so ive heard lucky if u get £500
at some point but I would imagine you'd have to put some leg work in with HMRC and good luck with that
at the moment!:
POSTMAN wrote: ↑24 Jul 2023, 22:42To receive the pay rises and lump sum, colleagues will need to be employed by Royal Mail on 4 August 2023
Employees who leave after 4 August 2023 who are still eligible for this lump sum will be placed onto an emergency tax code by HMRC. As such they will see deductions of around 40% on this amount.