Top Slicing Relief
Top Slicing Relief, which was an additional relief granted in respect of the tax payable on a lump sum payment, has been abolished in respect of all ex-gratia payments (both redundancy and retirement), made on or after 1 January 2014.
For the period 1 January 2013 to 31 December 2013, individuals who received an ex-gratia payment, excluding statutory redundancy, where the amount was €200,000 or more are not entitled to claim Top Slicing Relief.
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