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Subject: top-slicing relief что это в контексте налогов?
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What is Top Slicing Relief? The reliefs outlined in this leaflet exempt or reduce the amount of the lump sum to be taxed. Top Slicing relief relates to the tax payable and ensures that your lump sum is not taxed at a rate higher than your average rate of tax for the 3 years prior to redundancy or retirement. The formula for calculating this relief is: Taxable lump sum X (tax rate applied to lump sum - average taxrate for previous 3 years) If you are married, the joint income of yourself and your spouse is taken into account in calculating the tax rates. Top Slicing Relief may be claimed, by contacting Revenue after the end of the tax year. Example Jane was made redundant on 8 June 2005. The taxable amount of her lump sum is €21,000, which is taxed at her marginal rate of 42%. Her average rate of tax for the prior 3 tax years was 40%. Top slicing relief is : €21,000 x (42% - 40%) = €420 The tax payable by Jane will be reduced by €420. |
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