2 articles tagged with Post Employment Notice Pay.
A genuine ex-gratia payment on leaving a job can be received tax-free up to £30,000, on top of statutory redundancy pay, but only if it is truly not contractual or connected to services rendered. Here is the 2026/27 tax treatment.
Garden leave pay is taxable as employment income -- but the interaction with PILON and the PENP formula affects how tax is calculated on termination packages.