I have a client who will be retiring early 2018 after approx. 25.5 years as a director of the company. On her retirement the company is proposing to make tax free payments per Revenue exemption limit of €10,160 plus €765 per year of service. Can these amounts be paid tax free? The company has paid amounts in to a pension scheme for her over recent years. Also does the director have to have been an employee receiving salary for the full 25.5 years?
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