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Redundancy Enhanced Offer and using salary sacrifice
I have an enhanced offer which is comprised of PILON (£15k) and compensation for loss of employment (£45k). My understanding is that £30k will be tax free but can I have my employer direct the remaining into my SIPP pension up to the £40k limit - new tax year? They currently do do this with my salary and add the 13.8% that…
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Job offer - title change
Hi all, I have just been offered a job in Business Development. The role I applied for and went through 4 rounds of interviews for was that of “Business Development Manager” but when the contract came through, the role was listed as “Business Development Specialist”. The job is with a large company but I will be the only…
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Redundancy - How is PILON effected specifically by a new job on lower wages
My employer went into liquidation and we were all made redundant with immediate effect. I was very fortunate in being able to find a new job almost immediately and started work at my new employer just 12 days later. My question is on how this will effect statutory PILON from the RPO. I know it's mentioned that "If you…
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Notice of "At Risk of Redundancy" - Questions I have
I am a highly specialised engineer and after 27years of being employed by the same company I have been put on notice of pending redundancy as a cost cutting exercise. My employer has given me a enhanced settlement and a agreement to review. They will start the start the consultation process in two days but they have said…
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Redundancy
I am being made redundant soon. I do have a MPPI. If i can not find another job will this effect my Job seekers benefits or will it make me not entitled to claim
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Tax on Severance - Overseas Service Foreign tax relief?
I have recently been made redundant/severanced and my settlement contained full deduction of taxes on the amount over the 30K tax free threshold. My question to anybody in the know and willing to share is am I able to reclaim tax given I have worked 17 of the last 20 years overseas and outwith the UK? I thought I had read…
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Trial period in a new job
After a few weeks of uncertainty, I have been selected for a new role that is replacing my old redundant job. There will be a trial period once the new job starts. I know that can be ended by both the company and me, and we would be back to redundancy and potential settlement and payout - does anyone know under what…
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Redundancy or Unpaid Leave
I work for an IT consultancy where
employees are assigned to various projects for clients within the company. I
have been with the company for 7 years. I was released from my last project at
end of December last year due to budget cuts on that project and have been
unassigned or ‘on the bench’ since January this year. The…
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Redundant and benefits
Hi all, I was made redundant last August but due to being pregnant at the time, my maternity was protected and my employer has been paying it since. I am due my final payment in June and my redundancy pay will follow. My question is, we are still on the old system of tax credits rather than universal credits and I can't…
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Statutory redundancy/notice period or contractual if company goes bust?
Hello everyone If a company goes into liquidation, (or whatever the official term is where you suddenly don't have a job and aren't working your notice period), I understand you can claim redundancy pay/notice pay from a government NI pot? I understand I would be entitled to statutory redundancy pay, but what happens with…
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Unfair treatment at work
Hi everyone I have a situation at work that I just don't know how to resolve. I'm not sure if I'm putting this thread in the most appropriate section of the forum. Apologies if not. This is a slightly long story, but I'll try to keep it as short as possible. I've been working for my employer since 2013, and for personal…
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Redundancy Date Confusion
Hi. Just a brief outline - I was informed last week that my position is at risk of redundancy. The company are centralising their accounts departments from being based at sites all over the country to one site 100 miles away from where I am based - so I am definitely losing my job. We've started consultation which will end…
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Redundancy and work from home equipment
Hello, I am currently in
the middle of a voluntary redundancy process. A few months ago
my company issued equipment (chair/screen) to make work from home easier. I am pretty sure
that I read somewhere or heard somewhere, maybe even Martin saying it on TV
that wfh equipment is different to a laptop as it is issued to the…
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Redundancy and short term contract extension
My situation is quite complicated but hoping someone on here may be able to help me. I’ve contacted my union repeatedly for a week to try and get advice with no response. I work in the nhs and have five years continuous service. I’ve been employed by my current NHS organisation for just over a year but I’m on a fixed term…
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PAYMENT IN LIEU OF NOTICE (PILON) QUERY
Hoping someone can help My wife is being made redundant as a result of a restructure that starts in April. She is aged 57 She will get redundancy and an unreduced pension She is entitled to 3 months notice. She could have been asked to work it, been put on garden leave but they have offered her the opportunity PILON to…
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Dismissal for long term sickness with a disability
Chronic illness class under Equality Act 2010 as disability and was off sick then shielding came in but was still sick so couldn't go back. However did tell them that I would be back when fit note ended but before I even got a chance they dismissed me. Have appealed as they never explored all reasonable adjustments, ie did…
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Redundancy - Zero Hours - Furlough
I have been on furlough for about a year. Prior to that I was working a regular 40 hours a week for a company and had been for several years. There is some doubt whether the company will re-open or note (I suspect not). The owners of the company have another unrelated business at a location 10 miles away. They have offered…
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LGPS and voluntary redundancy
Hello There is a shortfall of employees wanting to take voluntary redundancy so the process will escalate to compulsory if not enough people come forward. I have been told by managers that I could be "too expensive" to let go ( I take it they mean the pension strain cost ) My question/query is - Am I entitled to voluntary…
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Furlough/redundancy
Hi My sister and her colleague have been put into redundancy consultation by her employer, she worked through this recent lockdown whilst her colleague was furloughed, she is 60 years old so the chances of re-employment are limited in the current climate. My question is, can she request to be furloughed rather than work 3…
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Tax Free limit of £30k on Redundancy payments
I have been trying to find the answer to a simple question on this, but I can't seem to frame the question in a way which Google can home in on. The question is WHEN was the £30,000 limit last changed? It seems to have been stuck on £30,000 for many years. This seems to be a classic case of 'fiscal drag' helping the…
