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Settlement payment and adj net income for child free
I’ve been offered settlement very unexpected after being in the company for 20 years. I’m a high earner but managed to adjust my net income by contributing to pension to get tax free child hours for my 2 children. The settlement I’m offered is going to take me way over the threshold. Will I lose the tax free and 30h free…
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Redundancy
I have been told my position is being made redundant on the 20th after almost 4 years. I have had a temp working with me for 3 months doing exactly the same job as myself and they have asked her to stay until the end of July. If the role is redundant how can they retain a temp to do my job?
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Sudden redundancy - settlement offered but can we angle for more?
Husband offered redundancy very suddenly today (completely blindsided- he's reeling) Has been offered a settlement, and given 10 days to make a decision during which time he has to seek and engage legal advice. The settlement is fair(ish) on paper - more than 3 times what he'd be entitled to at a statutory rate, but that…
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Pregnant and screwed !
I'm currently 32 weeks pregnant and have been made redundant. My payout will be April, the first month of the new financial year. As part of the payout I will receive… * Statutory redundancy payout (tax free) * 1 month notice period * Statutory maternity pay * 3 x full months salary (as part of an enhanced package) * 30…
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Made redundant but another local company will take over my role
Hi All, I was informed yesterday that I will be made redundant because of cost saving. But another local company will do my job role both remotely and on site ive not been offered the chance to tupe over? Do I have a case? Thanks in advance
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Redundancy Concerns – Seeking Advice
I received my delayed appraisal grade from last year and I was given the lowest rating. Although arguably subjective, I am convinced that the rating is unfair. For example, I demonstrably made my SMART objectives, and I believe I also met the less well-defined ones. I questioned why the perception of my performance had…
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Voluntary Exit via Enhanced Settlement Agreement
I've worked for the same company for roughly 30 years, they have recently been taken over by a large American company. It would seem they are streamlining the business as I was called into a meeting recently and given 2 options - Accept a lump sum and voluntary leave my job, or under go a process of training, if at the end…
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Query re PILON and temporary trial of reduced hours
Hi, I have been notified of redundancy, have a 6 month notice period, and have been told I'll likely be asked to do a short handover then not work the rest of the notice. My employment contract is for full time, 5 days a week, 39 hours. However I recently made a flexible working request asked if I could reduce to 4 days a…
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Jump in Tax rate
Hi and thank you to everyone who tooks the time to read and reply to my post. So obviously April was the start of the Tax year and I was paid my last but one salary before being made redundant. My gross wage for April was 2896.43 and that amount was reflected in my taxable Year to date with me paying tax of £368.80. and…
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PILON and savings from not travelling to work
Hi, This is my 2nd post as I didn't want my 2 queries to become muddled. Having just had my first formal redundancy meeting, it was mentioned that I will of course be paid for PILON given that they don't want me to work my full notice, however they would have to factor in that I would be saving on travel costs (given that…
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University Voluntary Severance + Benefits Claim
Hi, The university I worked at offered a VSS (Voluntary Severance Scheme) which I applied for and was duly accepted. I left at the end of April and walked away with approx £35K. I have a second property that my wife and I jointly own and we rent it out making about £100 each per month profit after tax/costs. I've never…
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Notice pay from the government
Myself and my colleagues are all being made redundant but finding it all a bit confusing. Some of us are entitled to 12 weeks notice pay but on speaking to an insolvency helpline we were told that you can have some of your notice pay taken away if you don't try and claim benefits even if you know you're not entitled to…
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Redundancy Clawback if Rehired for Different Job
I got made redundant, and have completed my gardening leave so am officially unemployed since about a month. I received statutory redundancy and a satisfactory package from my company. I am looking at another role in the same company, less money, different job, different department. I am waiting on details but am being…
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Advice on redundancy / alternative employment situation
I’m hoping someone can offer me some advice here.. sorry for the essay but my company recently restructured my department and took us through a consultation process. As there was 3 of us (all done same role and roles were being made redundant) we could apply for the roles within the new structure. I applied for 2 and…
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Redundancy / Mortgage Advice
I'm being made redundant I will have enough to pay off my mortgage - is there any reasons why I shouldn't ? Mortgage contract ends in September so there will be no fines as I understand...
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Redundancy Advice
Looking for some advice.... as my role was put at risk 2 weeks before I was due to start maternity leave! I've been with the company over 3 years and whilst there were issues in finding suitable projects to fulfil my workload, I did not expect this particularly at this time. While the company has been flexible in…
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Sick pay during redundancy notice period
If somebody qualifies for only statutory sick pay normally, is the same applicable during the redundancy notice period set by the employer or is the employee entitled to full normal pay. Some mixed opinions in the workplace on the matter
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Lost job because of eyesight
Hello I was asking for some advise. I was employed maintenence street lights driving a cherry picker for over a year and enjoyed my job. Unfortunately my eyes have deteriorated to the point that my employer put me through an eyetest which I failed the driving standard. With that I was told I could no longer work for them…
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Redundancy & suitable alternative employment query
I have worked for more than two years in my current role, and I am in the consultation period (121 meetings as low number of is) I have been asked what I have done about job hunting. I asked politely what benefit it would do for me to share e.g. would I receive support, but I was told the onus was on me so I diverted from…
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reemployment
I was made redundant from my full-time job just over 6 months ago. Now a different part of my employer is asking if I will go back. I am happy to (but part time only, as I am enjoying 'retirement'!). Are there tax implication on me?
