PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 18th Jun 2020, 21:44
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CaptainSensible
 
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When I took redundancy from BT in 1992 the tax free element allowed then was £30,000. Today after taking into account inflation that figure should be nearer £52,000. Fiscal drag I think they call it.

For those suitable motivated must be worth a question to their local tax office and or MP.

Also understand that during the bmibaby and Monarch redundancy processes , pay in lieu of notice, PILON, was paid tax free.
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