-
Would future employers wait on someone working their redundancy notice period?
My boss made it clear he might let me off by a week or so but anything more I’ll not get my redundancy which is 8 weeks pay. Head of HR said any decent employer will be willing to wait on you but then she would say that anyway. What’s your thoughts?
-
Voluntary Redunancy Process
To get straight to the point, the business has emailed staff about voluntary redundancy they are looking for over 100 people to apply and they have given us 2 weeks to put in applications. With redundancies expected to happen in new tax year - but if accepted can happen sooner Should they not get the number they want -…
-
how soon can you leave after notification and still qualify for redundancy pay?
There is a likelyhood that my role will be made redundant but not for a month or so. I will be entitled to roughly the maximum statutory amount (around 16/17k) along with any notice period pay so it will be a reasonable amount. My questions is, at what point can I 'leave' but still be entitled to the redundancy pay - is…
-
Voluntary Redundancy and Student Loan
Hi all, I'm hoping someone may be able to offer some advice around my possible redundancy and student loan. My organisation is currently going through a huge restructure and is offering voluntary redundancy. If I was to take this I would be getting a package of around 33K. I have been trying to find out if I will have to…
-
Advice please 16year old and redundancy due to insolvency
I'm hoping someone may be able to give me some advice please? My 16year old has lost her job due to the business going into insolvency. She had no notice and is owed a few hours of holiday pay. It's not a huge amount, but it's still owed. She's received correspondence today with regards to a virtual meeting and the formal…
-
Unpaid redundancy money
My daughter was put in the position of having to apply for her own teaching job last year which was duly given to a cheaper newly qualified, she has since left the profession but her union the NEU advised her that she was entitled to 3 years redundancy money, she has never received it, in December the union said there’s…
-
Estimated tax on redundancy payment - are my calculations correct?
Hi All, If you were to receive an 80k redundancy payment in the new tax year - how much tax would you be expected to pay? This is what I have calculated, does this look correct? * 80k - 30k (tax free allowance) = 50k * first £12,571 = is tax free * 12,571 - 50k = 37429 (this is taxed at 20%) * 20% of 37429 = £7485.8 Can I…
-
Possible Redundancy..... A few Questions
Hello all, Appreciate any help The company I work for is extremely likely to close in the next few months- possibly end of March There is a very real chance that they will not be able to pay salary pay as things stand - never been through this situation before If this is the case and we are made redundant I would advice on…
-
Not sure where to post this
I work for a large multinational chemical company, we’ve recently been sold and I’m curious about something. we are now getting paid from a company that was created last year, not the company who purchased us. When you look on companies house it’s says they specialise in sale of assets. Anyone know what this means
-
Can you defer claiming JSA?
Hi, If I were made redundant tomorrow and paid 12 weeks notice period in lui, can I defer seeking JSA until mid April? Long story short: I have a foreign holiday (paid for) in early April. I have income protection insurance that says I need to sign up to the job centre to claim (understandable). I do have holiday…
-
Do I have to give 8 weeks notice?
So got told yesterday being made redundant end of March. So I asked boss can I look another job now? He told me I can but I have to give 8 weeks notice in order to get my redundancy, is this correct? It doesn’t say anything in my contract about this, if I’m leaving normally without redundancy taking into account I just…
-
Side consultancy during garden leave
I’ve been made redundant but on paid garden leave until March. I have been given permission to do some consulting work. If I do this I will pay tax but do I also need to set up PAYE and pay another salary on top of another? Or just minus expense and tax and pay myself profit/dividend from the consultancy work?
-
Redundancy payment not being included on final payslip
My wife is currently working through her redundancy notice. It's likely that her employer (a small family business with 3 employees) will attempt to pay the redundancy payment direct to my wife rather than through the payroll system as I would expect. I can't yet find any trustworthy advice on-line (e.g. gov.co.uk, ACAS,…
-
Possibility of voluntary redundancy - currently on long term sick
My organisation (local government) had an emergency meeting on Friday and they are looking for people to take voluntary redundancy. I am currently on long term sick, but want to take this up. I am currently on half pay as a result of being off for over six months - will this affect my statutory redundancy payment? Also,…
-
Is new redundancy notice required after first one lapsed?
Good Morning I would be grateful for any thoughts, views, comments on the below. Unfortunately the redundancy procedure described on the Government website does not mention this kind of situation and I can't find any other site that covers it in any definitive way. My wife works for a small family-owned business performing…
-
Planning for potential redundancy.
Afternoon all, I work for a Sole Trader and the business has been going over 30 years at this point. However, things are not looking too hopeful due to the vastly increased energy prices, the fact that at the start of the pandemic it was almost "We have no money, so bye!" before the furlough scheme kicked in. Whilst I am…
-
Holiday pay after redundancy/insolvency
Hi, I have a question about receiving holiday pay after being made redundant because the company has gone insolvent. I was made redundant in August 2021, the insolvency didn't actually happen until May 2022. It's been a very long and difficult process (including ACAS and the Employment Tribunal) and I am still fighting to…
-
Holiday pay
It never occurred to me that I should have claimed holiday pay with my ill health settlement agreement to leave work under PHI. Can this still be claimed or is it s not normally claimed?
-
SAYE scheme - Possible TUPE
Hi wonder if anyone could help me with an issue that I could have. I have a SAYE scheme maturing next year but there is a possible chance I could be being TUPE over to another company. What would happen to my shares if I get TUPE over before the share save scheme mature? Would I be able to finish off the scheme so I can…
-
CN Number
Hi, I was made redundant on November the 4th and the company was liquidated on the 25th November. It still says the company is active on companies house and I have not yet received a CN number. Has anyone been through this before that may be able to offer some advice. I have emailed to company who carries out the…
