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Urgent Help Needed re Tax on Redundancy
Hi can anyone help I am being made redundant 31st march 2011. I have been told that the 1st £30k is tax free but the anything after that is taxed at 40%. However I have also been told that if my employers pay my payout after I have left - i.e. as an ex employee then my tax on anything over £30k is only 20%. I have asked my…
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do any 'redundancy insurers' offer protection AFTER company announces cut backs?
i know its a long shot, but do any companies that offer redundancy insurance offer it even once redundancies have been announced? Heres hoping :o
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End of fixed term, 3rd contract ending
Situation changed so post revised.
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Employment Tribunal - Equal Pay
I believe that I have a case for Equal Pay. As the company claimed to have spent months creating a new grading structure and the other people on my grade are being paid up to 50% more than me it was suggested that I should claim under the Work Rated as Equivalent Value. However this talks a lot about Job Evaluation…
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Can I claim my MPP if I rent out my house?
Help - does anyone know if my mortgage payment protection will still pay out if I am renting out my house? I have recently moved in with my partner and rented out my own property. Thanks :o
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Run on Benefits
My Husband is 62, he was made redundant a few months ago. He has however managed to find himself another job that he starts next week. My question is ; Can anyone tell me if my husband is entitled to any run on benefits as he won't get paid for a month. We own our own home but still have bills to pay and no money for a…
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Redundancy Planning
Im in a little pickle and not sure what to do or plan. I work for a business that was effectively pheonixed from an administration of a company that I was employed by for 5 years. I do have continuity of service but Im nervous about the business surviving and the industry I work in has seen many companies fold. Should I…
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Wife's company shut down whilst she was on maternity leave - and didn't tell her...
Yeah, erm, bit of a weird one... My wife's been on maternity leave for the last 9 months and tried phoning up today to find out what happens with regards to going back only to find the phone number had been disconnected. A bit of research revealed that the company had closed down and nobody had bothered to tell her. The…
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Dilema - should i claim on my mortgage protection policy
Just been made redundant as a bricklayer and have a mortgage protection policy in place. My dilema is this: Claim on policy - which will pay my mortgage for maximum 12 months if can't find work (upside I won't lose house, downside I end up with no money and on benefits!) or Become self-employed working temporary contracts…
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Tax on redundancy payout
Hi All, Maths and tax not being my best subject so would welcome any help please. OK negs ongoing but strong possibility of being offered vol redundancy package. Have been with firm for ages and figure being banded around will be in 3 figures, rough time of leaving will be this time next year. What is the tax position on…
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Redundancy Process
Unfortunatley, I am in the latter stages of consultation.:( I have a couple of major issues with the way that the whole process has been handled and wondered if anyone can advise if there is anything that I can do about the way it has been handled.:mad: I have been with the company for 16 years (last 5 years part time). I…
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Please help!!
Hi i have a quick question with regards to my employment position... I have been working for a company for 4 years and they went into liquidation, 4000 employees were then taken over by a company that bought the right to secure employment within there own company or to get other companies to TUPE over employees... A small…
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TUPE and Disability
I have a relative who has a disability following a car crash. It affects his memory/concentration. He was taken on by the civil service as part of their disability 'quota' system. His dept is now looking at transferring some jobs to a private contractor under TUPE. The work for the private contractor is much more pressured…
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Made redundant and pregnant!
Hi, next week I should find out if I'm going to get made redundant, I'll be over 25 weeks when I lave so will get redundant pay plus my maternity pay too. The pay out will pay off all our debts, and we'll just about be able to live off my partners wage. My question is will I get any other support money wise? Thanks
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Effect of Redundancy Pay on Marginal Tax rate
Help please from any UK tax experts. I've a question about Income tax treatment as a result of a potential redundancy payoff. Any expert able to advise please. I'm in a muddle. OK. I find it hard to explain, but basically, is a sizable redundancy payoff which is (mostly) not in itself taxable going to bump up my tax…
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Off Sick whilst working 4 week notice period?
Hi I am currently working a four week redundancy notice leave date of 10th December. I have had a really bad year this year what with losing my dad 2 months ago I am now facing redundancy. I have worked for my company for just over 4 years and my company offer an ex gratia payment equivilant to my statatury payment. What…
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Anonymous complaint has come back to bite me
Hi all Here I am at 3am in the morning, can't sleep and really upset over a anonymous complaint which I made earlier in the week which has now backfired. I work for a petroleum company in Northern England and for the last few weeks there has been a health and safety issue in my workplace which after several mentions to the…
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Contribution based Job seekers allowance?
Hi, After 21 years I am taking redundancy after expressing an interest,now,can anyone tell me if I will be able to claim Contribution based job seekers allowance,even if I get a lump sum payment from my employer?Have been trying to find out from the benefits agency,but got no joy.Many Thanks.
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Redundancy question please help!!!
Hi i have a quick question with regards to my employment position... I have been working for a company for 4 years and they went into liquidation, 4000 employees were then taken over by a company that bought the right to secure employment within there own company or to get other companies to TUPE over employees... A small…
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administrators
Just a run of the mill person who has had to deal with OH's redundancy twice in 3 years after the administrators were called in and just lost money as a sub contractor to ROK so may be a bit naive here, but here goes anyway ..it's just a question It seems to me that when any Company goes into administration a huge part of…
