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Redundancy whilst on Secondment
Hi, I currently work for the NHS, my substantive position is employed on a Band 5 27 hours per week contract. I have been on secondment for the last 3 years, full time at a higher banding. There is a chance my substantive post is going to be made redundant. Can anyone advise if my redundancy package would be based on part…
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Redundancy & Child Maintenance
I'm due to be made redundant in Nov this year after 13 years service. Having googled the thread title I'm not really any further forward as per my liability if any? Does the 30k tax free amount count or is it separate? Do I keep paying the same amount until I find new employment and then recalculate. I don't want to not…
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Redundancy Payment and Tax Bands
Probably a naive question - but I just wanted to check.... Whilst I understand that the first £30k of a redundancy payment is exempt from income tax, does it in any way count as earned income for the purposes of tax banding? For example - if I'd earned £20k so far in a year and then received a £30k redundancy payment -…
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Tax on settlement payment
Hi I have recently taken a settlement from my company. I know tax and NI is paid on the PILON and outstanding holiday pay which is fine. However I also received an additional payment as compensation for my termination and my old company are saying that tax and NI have to be paid on the full amount of that as well but as…
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Anyone else struggle to settle post redundancy?
I ask this as I am about to start job number 3 this week post my redundancy in March. I've struggled to settle into any of these jobs. I think when you are made redundant from a job you've been in a long time you lose part of yourself, the job is part of your identity. You go from someone who was valued, respected, needed,…
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Suitable Alternative Employment and other candidates.
Hi, I hope this will be an easy question. If an employer is offering other roles to someone under threat of redundancy, and another employee who isn’t under threat of redundancy is interested in that role too, does it go to interview or does the person under threat get the role? Thanks!
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Back dated pay rise
I was due a pay rise in April, and received a full and final offer from the employer. The union has argued with the employer which is delaying the pay rise. When it is finally agreed, (note the full and final bit! )are the employees entitled to the pay plus the interest they would have got on the money if it had been paid…
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Voluntary redundancy - Pension
I'm soon to take redundancy and have a question on the company pension contribution. They have to give me 3 months notice, so they are intending that I work 1 month and then finish up and they will pay PILON for the remaining 2 months. But they are saying will don't pay the DC pension contributions for the 2 months of…
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Tax implications on redundancy payment
Hi, I was informed yesterday that I’m being made redundant at the end of this year. Fortunately the severance package is sizeable given my tenure and current salary. That said I need some clarity on my tax liabilities and how to deal with them. I believe the gross severance payment will be c.£250k and by the end of the…
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Redundancy Insurance Claim after Settle Agreement
Hi allI'm in the process of being made redundant and requesting a 'Settlement Agreement'. I have a stong case for unfair dismissal and will use this for the reason of requesting the settlement agreement. I have redundancy insurance cover that covers me for redundancy but I'm wondering how this be affected if a settlement…
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Temp then perm in the same job: rights on severence pay?
I'm not being made redundant right now, but I wanted to find out my rights to severance pay in the event that this should happen in the future. My current job has been permanent since 2018, but prior to this, I was doing the exact same role as a rolling temp for around 5 years (my organisation is large, and created it's…
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Voluntary redundancy - do I mention my intention to resign?
I’ve worked part-time in Further Education for 20 years and seen the workload/pay balance tip significantly in my employers favour during that time. The teaching and student interaction is great, the bureaucracy is increasingly hostile and now significantly encroaches on my other job and home life. I’m reaching the end of…
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Formal / Informal Meeting Minutes
Due to health issues I am WFH. I attended what I thought was an informal check up meeting, which turned out (I didn't notice the wording change on an attachment, which is totally my fault) on the calendar invite to be a formal meeting with My manager and a member of HR. So I didn't have a union rep or partner with me as it…
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Risk of Redundancy ii
Removed by OP due to ongoing process
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Redundancy Question around timings
Hello, The company that I worked for shut up shop in July, and they brought in the liquidators. I have checked on the relevant .gov website (https://www.gov.uk/your-rights-if-your-employer-is-insolvent/your-rights) and it list of a number of things I can apply to the government for. In my case, I believe I would be…
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Money owed by company in liquidation
Hi all, I hope I'm in the right place! My husband lost his job at the end of last year when the company he was working for folded. He was owed money (about £1500) in unpaid wages but given the way the company ended and the lack of communication we assumed there was no hope of receiving this. I'm now wondering if that is…
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Tax refund ?? following leaving work aged 64 with a Settlement Agreement
Will there be any tax refund ?? I will have worked 6 months of this tax year when I finish work with a Settlement Agreement in September, I am 64 and wont be returning to work as I have some savings. I'll wait until claiming my company pension to age 65 as originally planned and am obviously aware that I'll have to wait a…
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Sign-on bonus payback in the event of redundancy
Hi, I received a large sign-on bonus when I joined my current employer earlier this year. In the first 8 weeks they started making a small number of redundancies (not in my area), and although I've been told those in my area are 'as safe as houses', I am obviously concerned about what is around the corner. I have two small…
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Will I pay higher rate of Tax on PILON (pay in lieu of notice)
Hi Newbie here, I am about to be made redundant and part of the package is a PILON payment of 11 weeks pay (£6966.85), as I don't have to work the notice I will receive this as a lump sum. As such, will I pay a higher rate of tax, because it looks like my monthly pay has jumped massively and push me into a higher tax band,…
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Redundancy tax free payment
When you're made redundant is the tax free element of your redundancy put on your P45? Also will receiving the tax free cash have an effect on the married couples tax allowance?
