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Legal Terms – Golden Handshake
A severance payment or bonus made to an employee upon retirement or redundancy, often to encourage early departure or reward long service. It may have tax implications under Income Tax (Earnings and Pensions) Act 2003.
A severance payment or bonus made to an employee upon retirement or redundancy, often to encourage early departure or reward long service. It may have tax implications under Income Tax (Earnings and Pensions) Act 2003.
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