Statutory versus ex-gratia payment

Keep the separately exempt statutory amount outside the comparison.

Compare the exemption routes

Complete years of serviceStatutory redundancy payment (€)Ex-gratia lump sum (€)Basic exemption base for the payment year (€)Basic exemption per service year (€)Tax-free pension lump sum/value (€)Average annual pay for SCSB (€)Estimated marginal tax rate (%)Increased exemption used in the previous 10 yearsConsidering waiver of pension lump-sum rightsPrevious termination payment exists

Highest entered after-tax route: SCSB · €52,000

Basic: exemption €19,340 · taxable €20,660 · estimated tax €8,264

Increased: exemption €24,340 · taxable €15,660 · estimated tax €6,264

SCSB: exemption €43,000 · taxable €0 · estimated tax €0

Decision boundary

Use complete service, the Revenue-defined average-pay period, a current pension valuation and all prior termination-payment records. This estimate does not elect or waive a relief.

Keep the redundancy relief evidence trail

Get the free Basic, Increased and SCSB comparison worksheet.

Email worksheet signup opens after the free launch wiring is complete.