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Redundancy & redundancy planning
Discussion List
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A SIPP to reduce tax on redundancy payment?
I may be made redundant from my NHS ICB job, probably in the next tax year. My statement from HR quotes a payment of £89000. I have a second income from 2 rental properties, around £18000 pa. I am 59 yo and could take a slightly actuarially reduced pension ( NHS 1995 pension)- or wait till I hit 60 in Dec 2026. Would be…
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NHS Voluntary Redundancy
Hello, this is my first post :-) I'm after some advice about ideas for a managing a potential redundancy package. In a couple of months I will find out if I can leave the NHS through a VR scheme. I have long service (25year+) and I am also a high earner (£80k+) so I would get the maximum package but would like to hear if…
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Redundancy payment moving me to a higher tax bracket
Good morning! I was recently made redundant and received the payment yesterday. The redundancy part of the package was approx £20k, and then the other parts (PILON, holidays, overtime owed etc) was approx £10k and should be subject to tax and NI. Up to my December pay packet, I had earned approx £24k for the year. I have…
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Redundancy News - Weighing up my options would help with some feedback
Hi all, I've received the unfortunate news recently that I will be made redundant in the next few weeks, I'm still processing it all and deciding what the best path is for me, I'll give some background, but would really appreciate some feedback and thoughts from others with a view, who may have been in a similar situation…
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Redundancy and redeployment
I’ve been made redundant from an NHS trust, after 14 years of service. this was following organisational change and 40 jobs condensed into 16. I was interviewed for one of the roles but was not successful. I was then put at risk and given 12 weeks notice of redundancy. in this time I was told to apply for vacancies…
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Redundancy
Hi. I was made redundant a while ago. Today, some of my ex colleagues received a large sum of money. I didn't. How can this be? Could some of them have contacted a solicitor independently, but as a group? Can I argue that I should be entitled to this as well? Thank you.
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Colleague on long term sick - TUPE question
Good Morning! I'm asking on behalf of a colleague of mine, who's in an unenviable position at the moment with little to no engagement from our existing employer. Fast Facts: Colleague has been with the company ~25 years - been in a senior technical role for about 20 years of that Colleague has been on long-term sick since…
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redundancy and continuity of service
Aside from offering alternative employment during the redunancy process what is the law regarding continuity of service if you have been made redundant and quite swifly afterwards you applied and was offered a job with the same company. Are you governed by what they offer (obviously going to be a new contract as my 8 years…
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Has anyone managed to negotiate their redundancy package?
I'm currently going through redundancy. I found out I was at risk on Wednesday, and by the 17th, my role will be gone. What's bothering me is that I feel singled out I'm the only one in the team affected. They're offering two weeks' pay for every year worked, but I believe one month's pay per year would be fairer,…
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Unfair dismissal with redundancy and unemployment insurance
Hello, I've been unfairly dismissed in my redundancy process, no questions, but I do have an unemployment insurance. Now, it makes me think that my insurance will investigate if it's unfair or not, because they wouldn't normally insure an unfair dismissal. I didn't see it written anywhere, but I'm pretty sure it'll go in…
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Moved: Taking out of civil service pension ?
This discussion has been moved.
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Previous house owner and debts
My daughter bought a house over 18 months ago and is now the legal owner, documents at Land registry etc However she has been getting bills in the post for the previous owner, since she took ownership she has returned each one with a "Return to Sender, no longer at this address". However the bills (Demands) keep on coming…
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Redundancy from govt when company has gone bust
Hi, I have just been made redundant after 12 years, along with everyone else at the company. The company has gone into administration and we are all now applying for benefits/jobseekers etc. We also have to apply for our redundancy and notice pay etc from the government agency. I have a couple of questions around this, if…
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Redundancy/dissolved company
Hi, looking for a bit of advice. The company I work for has suddenly gone into administration and is now dissolved. We have all been told we will need to apply for redundancy from the govt and it could take six weeks. Has anyone had to do this and if so, how long does it take to come through. Would I be eligible to claim…
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redundancy entitlement
worked for a company since 2008 aged 35 at the time if i get made redundant what would the redundancy be - salary 50k, Thanks
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Without prejudice/ Settlement agreement: Solicitor negative feedback & limited timescale, advice?
Hi all So, I've been offered a Without prejudice/ Settlement agreement and engaged a solicitor as per legal requirement to review, confirm all is ok and I was expecting all good for me to accept & sign. Due to various delays/issues I won't go into here, it's only completed today and the last day of employment is also today…
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Which is the best option please _just accept dismisal on capability or go down the ill health route
I'm about to be dismissed through capability due to ill health and occupational health saying they do not think I am fit to do any job. I am able to retire in March when I am 66. I was advised to apply for ill health retirement. However the process may take 3 to 6 months and given that I can retire in March anyway HR have…
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Moved: Springbok property sales
This discussion has been moved.
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Redundancy process vs Signing Without Prejudice offer
Hi all After some advice please. I have been told my role is disappearing due to restructuring and I've been told I can go down the redundancy process route and they would give me a 3 months salary deal or I could go down the offer and "Signing Without Prejudice" (WP) route and take 3 months garden leave pay + a 3 months…
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Should I return
I was made redundant in April 2025 after fourteen and a half years service. I was paid my redundancy plus three months extra salary. If I choose to return to the same company, will I have to pay back my redundancy or extra three months salary?
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