Tom Bergin
(Adds employee reaction, website link)
LONDON, July 7 (Reuters) – Royal Dutch Shell has changed its redundancy terms so it can claim tax refunds that some UK workers would otherwise have been able to claim on redundancy payments, internal documents seen by Reuters show.
The move comes as the Hague-based oil giant is slashing 5,000 jobs this year following the collapse in oil prices and its merger with smaller UK rival BG Group.
The UK government allows employees who have worked part of their career overseas to reclaim some, or in some cases all, of the tax due on severance payments.