We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

We're aware that some users are experiencing technical issues which the team are working to resolve. Thank you for your patience.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Redundancy & redundancy planning

Archives for January 2015

Redundancy rights
Hello all, I have a close friend who has had her post deleted in her job. She has been offered alternative work but it is very much a demotion in terms of pay and responsibilities. The tasks from the current job have been shared out to other employees, and she has had no issues in terms of sickness or competency raised…
Redundancy and Mortagage
Hi All, Just wanted to share my story and wondered if anyone has any advice or has been through the same thing. First I will say that this is VERY early days for me but I am panicing a bit. I have recently been made redundant after working in the one place for 17 years. Me and my partner initially bought a house in 2001…
are share says payments taxable when made redundant
Hi sorry if this was asked before I can't see it But recently been given notice for redundancy And was wondering how that would affect the Money I've put into my firms saye share schme? I will have amassed £4000 which will be returned To me at the end, as part of the saye this was never Taxed during the collection will it…
Voluntary redundancy query
Hi, hope I'm posting in the right place and that some of you wise people out there may be able to advise me I was employed for 25 years in the same organisation (NHS) which had extremely good redundancy T&Cs ( a months pay for every year). Unfortunately 2 years ago we were TUPE'd over to another organisation (local…
what payments are taxable on redundancy?
Hello Guys I have just been made redundant after 9 months with a company. can anyone give me advice on what i will and won't pay tax on. 1, I get a months pay in lieu of notice, i,e i have been told to finish work today but i get paid until the end of february. I think i pay tax and NI on this? 2, My company didn't manage…
Redundancy Alternate job offer
I am being made redundant in September. I currently manage a division of a larger company and my part has two arms, one part is being closed but the other one will continue to trade as normal. I have been offered a role with the remaining part of the company (even though officially I still run it). The new role is £23K…
RP1 form question
Hello, My company went into administration a week after I had served my notice and left the company. I was therefore not made redundant, but the insolvency practitioner decided to pay everyone who was still there in full, except me who had left, and asked me to fill in the RP1 form instead. Since then the insolvency…
Redundancy offer with car
My company is making me redundant (in consultation period at present) and I have asked for my company car as part of my redundancy package. Its wholly owned by the company and not leased. If they do give it to me, on top of my redundancy money is it liable for tax? they think it might be. My package would be under £30k…
Redundancy
Hi I am after some advice...... I have been told i am being made redundant with a finishing date of 31st may 2015. I will have worked for the company for 21 years & 6 months, i am 37 years of age. My holidays run from 1st Jan to 31st December i get 22.5 days + Bank Holidays. I have been told i will receive redundancy pay…
Being made Redundant even though more work is coming in
I have just been told I am at risk of being made redundant and is likely to happen next week. However it is general knowledge the company I work for have lots of new work coming in soon which they will more than likely use contractors for at literally twice the rate of pay as myself. I have offered to go part-time at 2…
I Need An Employment Lawyer Urgently Please!
Hi all, Can someone please recommend a good employment lawyer to me please? One with experience dealing with Local Authority wrongful dismissal cases. Preferably in London. Apart from the CAB where else can I get free advice please? Thank you.
Redundancy looming - advice
Hi all Just after some advice for my mum please? She's been in her job for 3.5 years but it looks like the company is closing down - it's been in financial difficulty for some time. My mum has been applying for jobs so hopefully she'll be hearing some time soon but I just want to get some advice as she is worrying herself…
my employer has done a runner!
Hiya, My employer of 2.5 years has basically just upped and left the country leaving behind a string of debts. What can I do? I now have no job or redundancy pay for that matter! He is not officially bankrupt as yet but it wont be far off going by the letters we were receiving. has anyone been through this scenario? Can…
Redundant - no notice
Hi Asking on behalf of friends mum. She worked part time in a nursing home and on Christmas Eve they were told that they would not be paid and no longer had jobs as home closing. Having quickly googled the home, it seems the CQC weren't impressed, so staff bearing brunt of owners incompetence. She was never given a…
General Queries re Redundancy
Hi, I have worked for the same company since leaving school at 16 (41 years). I have been made redundant and because Tax, N.I. etc. has always been taken care of for me I need some advice. The HMRC is always engaged and I have some simple questions. I am considering doing some Freelance work as jobs in this area are few…
Need serious help after being made redundant
Hi, So as of tomorrow, I will be made redundant after 3/4 years service. My area manager broke the news around 4 months back (first consultation) but i haven't heard or seen him since then. My manager is also in the dark about the situation. However I haven't been told anything after that, i haven't had any more…
Advice on starting new business and tax after redundancy
Hi I'm just after a little advice. I've taken voluntary redundancy which will be on 31st March this year ( pre new financial year!!) and will get a pre tax pay-off of £60k. I know that the 1st 30k is tax free but I will get taxed at 40% on the rest. I'm in the process of starting up a photgraphy business and I'm looking to…
Self Employed and Occupational Pension
This has been posted in another thread but might get "lost." I chucked my old job and became self employed. As a self employed sole trader, I completed a self assessment tax return. I will now be in receipt of an occupational pension (OP) from my old employer this year. This is additional income plus a lump sum. Income tax…
At risk of redundancy
I have found out that all the people who do the same as me including me are all at risk of redundancy and we will need to re-apply for our jobs (I'm assuming that there will be a lot less jobs therefore heightened risk of not getting it again). Feeling very anxious about it, trying to be practical, I'm a nurse so have…
Redundancy -personal circumstances.
Are employers obliged to consider personal circumstances for redundancy -ie a single person more at risk than someone who has dependants?Also can length of service be ignored -or should that be factored in ?

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Ofgem proposes new 'no standing charge' Price Cap – but Martin Lewis warns vulnerable customers need to be opted in or it won't work
Ofgem has today launched detailed proposals for a major shake up to its Energy Price Cap that dictates the price over 80% of homes in England, Scotland and Wales pay for their energy bills.
Lloyds, Halifax and Bank of Scotland to cut overdraft rates for millions but hike them for others – here's what's happening and full help
If you're a Lloyds, Halifax or Bank of Scotland current account holder, the interest rate you're charged for using your overdraft could change soon as part of a fees shake-up. The Lloyds Banking Group, which owns all three brands, says millions of its customers will pay less after the changes – but a "few" will pay more.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more low-income households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Martin Lewis: At last a chance to fix Council Tax flaws impacting millions – debt collection, difficulty challenging your band, discounts and more
Major flaws in the Council Tax system in England could finally be fixed in future, as the Government has launched a wide-ranging consultation to review hideous debt collection practices, the difficulty of challenging your band, the overly complex and horribly-named Severe Mental Impairment discount and more. MoneySavingExpert.com founder Martin Lewis, who has long campaigned on these issues, shares his response and analysis.
Energy complaints to be dealt with more quickly and Energy Ombudsman to get new powers under Government plans
If you have a complaint about your energy firm, it may be resolved more quickly in future, as the Government has announced a raft of proposals to strengthen consumer protections in the energy market. The planned changes include giving the Energy Ombudsman new powers to force firms to comply with its decisions – but it's still very early days. Here's what we know so far.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Base rate held at 4.25% – here's what it means and when it might be cut next
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
Applied for South West Trains 'boundary fares' compensation? Act now to claim it
If you applied for compensation from South West Trains before the deadline in January 2025, you now need to provide your bank details to the claim administrator so it can be paid to you. Here's what you need to know.
Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
All State Pensioners in England and Wales will receive a Winter Fuel Payment this winter, though those who earn over £35,000 will see it clawed back through the tax system. It means nine million pensioners will get the £200 or £300 top-up. Here MoneySavingExpert.com founder Martin Lewis shares his instant response and analysis, and we include answers to your key questions.

View All

Redundancy & redundancy planning

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

Redundancy & redundancy planning

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free