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Posts Tagged ‘Redundancy Briefs’

INTEL

Intel Ireland is preparing to make 500 people redundant at its plant in Kildare, according to The Sunday Times. The jobs in Fab 10, the semi-conductor plant that opened in Leixlip in 1993, are under threat as the chipmaker migrates customers to more modern options.

When asked to comment, Intel described the talks about jobs as “speculation”. Intel currently employs more than 4,000 people in Kildare and Shannon.

Tax Refund on Redundancy Payments

Were you made redundant at any stage over the past 4 years. Almost 90% of employees made redundant are not aware they  may have overpaid tax on their redundancy package.

For example,

Mary was made redundant in September 2009, and received a gross lump sum of €50,000.

After deduction of tax, Mary actually received €38,516 in her wage packet. However after contacting Taxation.ie, Mary got an additional tax rebate of €4,855.

John, on the other hand was also made redundant in September 2009, and he received a gross lump sum of €30,000.

After deduction of tax, John received €21,861. However after contacting taxation.ie, John received an additional tax rebate of €2,41

Were you taxed on any portion of your redundancypackage?

If so, contact info@taxation.ie to see how you can reclaim your overpaid tax.

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25 Herbert Place,
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Republic of Ireland.

T:+353-1-6766476
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E: info@noonecasey.ie