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Being made redundant
I am (probably) being made redundant, but not for another 8 months or so. When should I tell my unemployment insurance provider? I'm worried if I tell them now that they will then refuse to renew my insurance later in the year, but if I wait until after the renewal could they then refuse my claim as I was aware of…
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Redundancy planning help
Hi I’m due to leave my company in march 24 and I have two questions.. 1. Would I be better off hanging on until after April 6th new tax year as I won’t be working for at least 6 months as I’m going travelling.. this would mean my redundancy payment (50k) would be paid in 24/25 tax year so only £20k taxable at lower rate..…
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Redundancy - Paying tax on notice period not worked
Hi All, Can someone please help me with a tricky issue? I recently took voluntary redundancy from work and as part of the settlement agreement, it was agreed that I wouldn't have to work my notice period. Neither would I be paid in lieu of the 3 month notice period. However when i received my settlement payment, I found…
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Planned removal of the older workers
Hi, We work in a situation where it would be preferable from the employers and the clients perspective if my area of the workforce are each less than 50, for appearance and perceived currency in the role. I suspect my company may be looking to over-employ in my role, using a busy period to justify new positions, to then…
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Mortgage help - your experience
TL:DR mortgage company only offering “bad” support due to redundancy. I was made redundant (through no fault of my own) at the end of March. I was lucky enough to have 2 months notice and some rainy day savings. It has now got to the point where I need to start reducing out-goings to enable me to keep the money in order…
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Joiner/leaver adjustment on final pay slip?
Please can anyone advise if they have any knowledge of joiner leaver adjustment being applied on a final pay slip? I have never heard of such a thing previously, and it amounts to about a month's salary being deducted from my final pay. I have done a quick google which hasn't been much help, most of the results seem to…
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Redundancy, future employment and tax implications
I was made redundant on the 29th May and stand to receive just under £55,000 redundancy pay. I have secured another job which I start in a couple of weeks with a £25,000 salary. I am aware that the first £30,000 of redundancy will be tax free therefore my total income for the year will be just under the 40% tax bracket.…
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Cn number
Hi my wife has recently been made redundant due to the company being declared insolvent the administrator told her on the 28th they would be sending her an redundancy pack with the CN number so she can claim from the insolvency service. She has still not received this ? How long should it take? Others have phoned them and…
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Redundancy and SGP
On 2 feb 23 I received a letter from my manager telling me I was being laid off with immediate effect in accordance with my contract as the company has lost contracts. The company has laid off 50% of the staff nationwide. I have 9 years service with this company and for the first 5 weeks of lay off they paid me…
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Redundancy Notice Question
Hi - I am looking for some advice on redundancy notice, The entire staff of my company received a round robin email saying that the company was closing and their notice periods would begin from Friday 12/04. This would be followed by individual letters and consultations outlining individual circumstances. So far no one has…
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Seems none of my coworkers have been happy after redundancy?
Wondering if this is the norm, had a meet up yesterday with my former colleague after we got made redundant in March. I thought I was the only one struggling with my new job, 1 guy lasted couple of weeks decided he was gonna take early retirement, another guy walked out after a month, these two guys alone each worked over…
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Works pension
Hi, I’ve got a query about my works pension. In my old job I was off sick for over a year and laid off. They offered me a redundancy package that I took. my pension is considerably working out way too low compared to my ex co workers. One of my ex work mates pension will be over double per month than mine and she only had…
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Treated badly, at risk, new job offer!
I’ve been treated shabbily by a large company. They’ve been awful to work for and after the project I was working on didn’t need me anymore I am “at risk of redundancy” while they look for another role. Thing is, I was looking elsewhere anyway as I want to work for a company who treat staff better. happy to say I’ve just…
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Taking VR - leaving 19/5
Hi All I've worked for my employer for 36 years and am taking redundancy this year. my leave date is 19th May - the package is greater than £30k so I am aware I have to pay tax on the balance. My 1st question is will I pay tax at the higher rate? If so and I don't earn anything else this tax year will I be able to claim…
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Made redundant
Hi, I was made redundant in September 2022. I planned taking 3 months off work and then start looking for a new position in January. Because I was paid redundancy pay I thought I would not be able to claim anything from the Government so did not inform HMRC. It is now April 2023 and I still have not secured a new…
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Statutory Redundancy and Continuous Service Date
I am not currently facing redundancy, but a few questions in my mind about the future had got me thinking about this specific question which I am unable to find a clear answer for online - is the statutory redundancy pay calculated on the date you joined the company, or is it calculated on your continuous service date? The…
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employment law.
hi hope someone may be able to help . firstly i have two jobs this post concerns the second job. stated this job the end of November if i remember correctly I had a probation period of 3/4 months. everything was fine I was employed as supervisor, from the beginning, unfortunately the lady i worked with subsequently passed…
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Individual consultations taking place with the minimum 30 day consultation period?
I wanted to get clarification if they are allowed to have individual meetings, scoring and be told you are at risk if you are still in the 30 day consultation period? We started group consultation on 21st March I've just had my 121 consultation meeting 12th April (within the 30 days) to be told I'm at risk and will be…
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Redundancy queries
I would like to get the forum's thoughts on the following situation if possible... I am the general manager of a small agricultural propagation company. We employ 14 people full time and seasonal agency staff as needed. The company is owned by a single individual who owns several companies. He employs one Group Finance…
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Company Claiming Liquidation
Hi all, On the 27th February I received an email from the company I was working for saying that they were going into liquidation and that there was no money to pay anyone. They used a company called Phoenix business solutions to facilitate this but to this day they have not told us who the liquidators are, and I’m thinking…