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Taxation of redundancy payment advice
Afternoon all My wife was due to be made redundant in January 2010, but as they needed her specific skill set they have employed her on a ‘same basis’ format (ie her T&Cs remained unaltered), renewed every six months or so. This worked for them as they didn’t need to keep her on the payroll long term, and to allow her to…
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Stitched up? - redundancy
This is a difficult one to explain, so I hope I get it out in one go, and any feedback on my legal position (if I have one) would be appreciated .... I started employment with a company in Nov 2009 doing job A. (A job I had successfully done for 9 years for this company leaving in 2007 to pursue a different vocation until…
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redundancy payment dates?
I am going through redundancy,i have a leaving date of the 4th of May. I rang my HR dept today, to ask when my redundancy money will be paid to me,they told me it would the normal pay day of the 27th of the month. Therefore i will have to wait to the end of the month. Is this usual? never having been made redundant before…
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redundancy letter
Hello, Just a quick question. If you are made redundant should this be put in writing by the employer? Thanks
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Voluntary redundancy and voluntary severance are they the same???
seems stupid i know but i keep re reading the letter i was given last week on redundancies, my school is looking to make redundant 10 teaching staff this academic year and a total of 30 in the next 6 months, they simply do not have the budget to employ as many staff, as wee are merging schools, throughout the letter is…
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Do I have to accept 'alternative position'?
I was told we were entering a 90 day consultation period back in Jan when we started back after Xmas. I had one meeting where I was told about reasons my job was being made redundant and was encouraged to apply for a particular ring fenced post. I was asked if I would be interested in this as a ‘suitable alternative to…
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Is this a formal redundancy letter or not????
DH received a letter from his employer on 19th January 2011 which reads as follows:- "Cuts to grants will result in a variation in working hours for staff and positions being made redundant. It is with regret that (employer) have to inform you that as of the 1st April 2011 we will not be able to secure you any guarantee of…
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Life after VR
I'm looking for any advice on any benefits I would be entitled to, looking for work etc for someone in my position. Male, aged 57, VR opportunity - £83K redundancy, work pension £18K, no mortgage, no debt, family left home, only wife & I. Basically, I've never been unemployed and can't resist the opportunity to get out of…
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trying to figure it all out, any help aprreciated.
I currently work part time at a secondary school, redundancies are on the cards and about 30 teaching staff are to go. Am really worried at the moment as I am a single parent , 3 kids under 16 , the youngest being 2, mortgage to pay, a few debts etc, i have no family , just me and the kids and this is my worst nightmare…
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Tax on Redundancy Payment
I am taking voluntary severance on 30th April 2011. In late May I will receive PILON of two and half months pay and then in mid-June I will receive my actual severance payment. My April pay and PILON will amount to about £14k and my gross severance payment will be approx £90k. I understand that the first £30k of the latter…
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will redundancy payout be affected by recent sick days?
My mum has volunteered for redundancy. She has worked 2 nights a week for a nursing home for 21 years. She has had a couple of sick days(nights) over the past few weeks. What she is wondering is, will the redundancy payout (if she is selected) be based on her "normal" (contracted) weekly pay, or the average pay she's been…
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Anyone considered franchising?
Ive just been made redundant and fed up already looking for another job as no one wants me at my age Therefore I started looking at franchising and what scares me half to death is using all of my redundancy money on a franchise. All the good ones seem to costs £20,000 plus. However i've just come across the Activ Web…
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Redundancy and mobile phone contract
Hi My son took out a 24 month orange mobile contract in January 2011 and has been told today (18.03.11) that he has been made redundant. How can we approach orange to cancel his mobile contract as he can not now afford it. He is also having to sell his car!! Any advice will be gratefully received. Gail
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Alternative Role Offered
Just a quick query - coming near the end of my 90 day consultation with no consultation :) There is one job being ring fenced between two staff - hence one has to go. The new job description is over 10 pages long!! and has a huge work load and as I've just been off sick with an illness that is going to take time to…
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30 day comsultation period.
i ve been given a 30 day consultation period to change my working hours from monday to friday to sunday to thursday along with 12 other employees,we`re part time and full time workers, i had my first consultation last week, told them i couldnt do sundays due to family commitments, but would cut my hours to a 4 day week,…
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voluntary severance - civil service - and jsa
For the choice of wording to potentially make such a difference, seems a bit mean.
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Implications Of Keeping Company Car As Part Of Redundancy Package
I was recently made redundant and received a tax free cash settlement of less than £30k As part of my severance package I also negotiated to keep my old company car, for the remaining 2 1/2 years of its lease I now have another job, paying a car-allowance, on which I pay tax at 40% Can anyone advise if there is a tax…
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Work Scenario - Redundancy - Advice Please?
Hi, I work for a firm who I was TUPEd into exactly a year ago. This firm operates wholly out of another city and we have effectively become a satellite office for them. (Which I can see slowly being stripped and closed off) I performed role 'A' for 4 years in this company. (11yrs total service) which was part of the…
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Redundancy changes advice please
Hi, My dh has been working for his company for 20 years and at the beginning of last year (13 months ago) they made all but his team in his area office redundant (they are a large organisation with offices all over the country/world). They kept my dh's team on due to a contract coming up late last year/early this year. The…
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Re employed by company that made me redundant.
I have just received a letter from my employer who made me redundant 4 weeks ago, offering me my job back. I would love to return, but would this effect my lump sum payment I received with regard to TAX ?