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Redundant - but should I have had a pension?
My employer, a company of around 15-20 people, has made me redundant. I worked there for 2.5 years and am 52 years old. Someone has mentioned that I should have had a pension. Although there was a meeting to discuss this some time back and the director mentioned it once or twice, there was no actual pension scheme. Should…
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Reducing Years Service
I am in the process of getting a VR quote. I have completed 13yrs at full time and 5yrs at part time. HR are coming back to me and saying they are working out a full time equivalent for my years service and are reducing it to 16 years due to being part time. I was aware they would do this when working out my salary but can…
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Redundancy pay and new job?
I was told yesterday that my job is being made redundant, my employer can't afford to pay me. He said that he would keep in touch over the next 8 weeks and if things haven't changed then he will officially make me redundant April 1st (I don't expect anything to change!). It wasn't unexpected, I work for a mortgage…
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Returning to same company after redundancy.
Hi.. I'm currently half way through my 4 week consultation period and was curious as to what the situation is with regards to tax should I accept the redundancy package on offer and then return to the same company within a month or so in a different role. My current job is being axed but I am ever hopeful that I may be…
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Voluntary redunancy and benefits question
Hiya, im a bit of a newbie to the site so hope i follow everything properly, My Hubby works for a well know car manufacturer in north east, 800 are getting made redundant by april, hes just text to say they are offering a severance package of £3000 plus 2wks pay for every year worked, for my hubby it would mean about £9000…
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Trying to get voluntary redundancy
Hello Everyone, My firm has announced that they are going to make 250 people redundant and we are now in our consultation period. My department will lose about 30% of the team and I know this number is higher than our managers were hoping (they have been given the numbers from our central management). We have been told…
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P60 to tax office
Hi Leaving my job to go self employed, can i send off my P45/P60 to local tax office to claim refund or to check etc. Is this standard practise Thankyou
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Holiday Pay and redundancy
Hope someone can give me advice..... On Friday 30th Jan 09 I was called into a meeting with my boss and a HR person to be told the company had to save cost's and my job was "at risk" of redundancy. I received at the meeting a letter from HR outlining this and told to attend a consultation meeting on 4th Feb 09. They state…
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Tax & Voluntary Redundancy Payments.
Hi all Looking for advice regarding minimising the tax on Voluntary Redundancy payment. I am aware of the first £30k being taxfree but can anyone suggest ways of preventing or minimising the tax on the remainder. Setting up a new Private Pension Scheme or an Annuity or any other cunning plan? Thanks in advance for any…
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Employment Law
Hi All Hopefully someone here has a bit of knowledge on employment law and can answer a question for me. I work for a company that is starting to feel the credit crunch kick in and I think there may be some bad news coming for a few of the employees. My question is if there are redundancies does it go on how long you ave…
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self employed redundancy advice please
just wondered if anyone has any advice or has been in a simular situation, my husband has worked for the same company for 17 years and was told there was no longer any work for him, he is a joiner and worked for the company on a sub contract/self employed basis, he was paid weekly by bacs, they deducted tax, was told were…
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redundancy - info please
My DD's partner has been given a letter offering voluntary redundancy. There are 2 employees in his department and they have to go back next week with a decision as to which one is going to accept! Luckily, as a couple they have no debt, no children but they do have a mortgage and DD's salary is not good (17k gross). My…
