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This revenue leaflet goes into detail on how to handle redundancy payments
http://www.revenue.ie/en/tax/it/leaflets/it21.html

When you are issuing the P45 with Payback, there is a space to record the amount of redundancy payment, in the P45 screen. Click the P45 button in the employee screen to see this.
(Note that this amount will not be taxed by Payback.)


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