Friday 20 October 2017

End this phoney redundancy relief

THE Revenue Commissioners must be congratulated for trying to stamp out bogus redundancy tax relief for employees and employers alike.

The racket of making a person redundant and then rehiring them a short time later must come to an end. This is without doubt one of the most corrupt practices within the labour market in this country and is not just confined to public sector and semi-state jobs.

It is also endemic in the private sector, especially with large companies and among the hot-shot accountants that they employ to beat the tax take.

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