Facing redundancy can be a daunting experience, and it's important to understand the financial implications involved. One question that often arises is whether you need to pay tax on your redundancy payment. In the UK, the tax treatment of redundancy payments can be complex, with various factors influencing the amount that may be subject to taxation. In this article, we'll explore the ins and outs of tax on redundancy payments, including statutory redundancy pay, notice periods, and tax-efficient options to consider.