What do we already know?
We’ve updated you previously that the law changed on 6 April 2018 so that all Payments In Lieu of Notice (PILON), whether contractual or non-contractual, are taxable and subject to Class 1 National Insurance Contributions (NICs). For updates see here.
The HMRC has revised its Employment Income Manual to reflect the new rules on PILONs from 6 April 2018. The updated manual is available here.