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Redundancy & Liquidation
Hi all and Season Greetings! I was made redundant in August (I've since found a new job) and am finally trying to get to the bottom of the situation surrounding my redundancy and see if I'm entitled to anything. I'm hoping that someone might be able to answer my queries and/or point me in the right direction. I began my…
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Commission clawback as part of redundancy pay - fair?
I worked in the travel industry for 11 years, in a well-paid senior tour operator sales position; in March I was furloughed, and then in August given my redundancy notice, effective early October (along with all the other employees). As part of my final payslip, my employer clawed back over £1200 in commission paid prior…
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What are the entitlements after the end of a 12 month fixed term contract if no job to go to?
Universal Credit? Jobseekers?
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Settlement agreement amount and holiday
I’ve worked at the company for 18months, salary £32k plus shift (£3.4), grade (£0.96k) & licence (£1.2k) payments per annum. I have been suspended and offered a settlement agreement, finish work 31/12/2020 £7.5k tax free, 1 month pilon basic pay and 12 hours outstanding holiday. I’m happy to go. holiday 01/04/20 -…
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Redundancy whilst on a secondment help
Hi all, this is a but if a long one but I really need advice. I started a 9 month secondment in August. The business I work for brought someone in on a 12 month secondment to cover me. They have now brought in a new role which will sit above me and manage 2 stores which someone has accepted. My question is, can they make…
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Pilon
I was recently made redundant by a large catering firm as my role was not required anymore. I'd been there 9 years so received 9 weeks pay for statutory redundancy. I also received 9 weeks pay in lieu of notice from them. I applied for and was successful for another position with the same firm but on different terms at a…
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Redundancy - pay in lieu of Notice and Holiday
Hello, I have been made redundant this week. I have a months notice and still have 17 days of annual leave which I’m allowed to carry over to 2021. They said they will pay me everything at once this month, so I’ll be off their payroll by end of year. My question is, am I entitled to be paid for both the months notice AND…
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Redundancy payments
I've been told that am getting 3 weeks' pay for every year worked. I would be finishing in June 2021 and would have worked for 2 years and 9 months. They would pay me for my notice period (3 months) which would mean I would be paid for July, August, and September. Would the notice period be added to the 2 years and 9…
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Voluntary redundancy
My son is taking voluntary redundancy after xmas. Is he entitled to any benefits? He does have more than £16,000 in his account. Thanks
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Redundancy and tupe
I work for a big retail company im actually hired by them but I work within a post office inside the store. They have unfortunately decided to close our store closing date of the 16th January, our store is located in the town centre and it is the only post office in the town centre. We were told the store was closing…
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Redundancy soon
I am (almost certainly) being made redundant in the next few weeks. Having never been in this position before I am pretty lost with everything (not to mention a bit stunned at how sudden this is) Does anyone have any advice ? I literaly don't have a clue about anything,
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Company shares in VR situation
I have been offered voluntary redundancy by my company. I have approx £30K of company shares that will be made available if I leave - I can either transfer them to a broker or sell them. What are the capital gains rules on selling these shares in a redundancy situation? Is it the same CGT rules/allowances? I am not sure…
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Being made redundant very soon
Getting made redundant in Feb 21 I have a mortgage, was wandering what benefits I would be entitled too if any, I also have savings over 16000, hopefully I'll get another job by then but haven't had alot of luck as of yet, would appreciate any help on this matter, thanks in advance
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Universal credit & redundancy insurance
Does anyone know is it possible to claim universal credit if you have redundancy insurance?
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Boss sold business but no redundancy or holiday pay.
I'm asking this for my partner. She worked in a cafe for approximately 16 years, 6 years under the current owner. He has now sold the business to another person but did not offer her the opportunity to stay in work by working for the new owners. He now states that he cannot afford to pay her what she is owed ie, holidays…
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Holiday pay calculation
I am being made redundant and given pay in lieu of holiday. How do I work out if they have calculated the correct amount. These are not my real figures but for sake of discussion. My gross salary was £1K per month. Five months ago I got 1.06 % pay rise. I have 25 days holiday a year and they owe me 14 days. My holiday year…
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Redundancy
Evening All we have been told our workplace has been sold but no exchange of contracts have been completed yet. we have been informed the new owners don’t want any of the employees as he is refurbishment the site before reopening Last week we was all put at risk of redundancy? we had a phone call about it no indication on…
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Incorrect Redundancy Payment: Best Option From Tax Perspective
Hi, grateful for your thoughts on the position I find myself in. Recently made redundant (all in the plan so happy to go) and now essentially early retired and no plans to go back to work. My pay off was circa £109k and I’d instructed my employee to put £46k into my APeC (using all available allowances from this and the…
