-
Acquisition & Redundancy Assistance
Morning all, My company was recently acquired by another - no issues there. We are/have been TUPE across on the same terms, however, I have been engaged to apply for a different job, and it's been angled as a promotion. Firstly, I'm not sure it is, but secondly, a big proportion of the reason this process is underway is…
-
Should I pay taxable redundancy cash into pension?
I will shortly receive a redundancy payment of around £42000.00. My employer does not give the option of transferring the taxable element of the redundancy payment into my pension. At the moment I have a small pension pot of £11952.00 which was operated and paid into by my employer but their contributions end on redundancy…
-
Redundancy & Employee loan
Hi all, I had an employee loan from my employer that was set to run for 3 years. I was made redundant in Sept 2020 and after the consultancy period, the company said that whatever redundancy pay i would receive would have to be used to repay the balance of a loan the company had provided. I had paid more than half of the…
-
Being redundant from employment but still registered as self-employed
Good afternoon. Hope you can help me with my situation. I'm due to be made redundant end of June or July after my company went into administration. I'm due to receive my outstanding holiday pay from the company and my final work month pay as well. I was advised that they will not pay notice pay and statutory redundancy pay…
-
Loss of notice pay
Hi, wondering if anyone can help me, I was made redundant 3 months ago, company is insolvent so applied for redundancy through government website. I'm now due my loss of notice pay, but when going back over previous emails, I've realised on my redumdancy form when asked if I would be claiming for loss of notice pay, I put…
-
Redundancy advice needed
Hi, I hope you can help. The company I work for is closing at the end of this month. Another company is buying some of there stock and there customers good will. I am getting a job there so I’ve been told I’m not entitled to redundancy pay from were I work now but when I start at the new place it’s like stating again…
-
Company relocation and redundancy.
The site I work at is closing due to being relocated. We have all been told we are being made redundant with no offer of a job at the new site and are now on our notice period.The site move is to a different area and the distance would have been an issue for some but nobody was given the option of moving or commuting.My…
-
Company closing site....urgent advice needed please
Background information.05/01/21 - Was informed Company is closing site I work at in April and said I (and my colleagues) have to transfer to a new site just over 15 miles away or leave the company, and "redundancies are not an option."13/01/21 - Had one on one meeting with manager and a union rep in attendance (at the…
-
How do Bank Holidays form part of my pro rata holiday entitlement?
I've been working for a local supermarket and I'm due to be made redundant. I have been told that I will receive my owed holidays, which I am free to take during my notice period; otherwise, they're happy to pay me for them instead. I want to make sure that the number of days they provide me with is accurate, and that I…
-
Questions about my Redundancy Package
Hi, I was made redundant just over a week ago from a large IT services company after 7.5 years service. They provided me with details about the redundancy package on the final telephone meeting I had with them at 4pm of the last day when the redundancy was confirmed. I had asked them a week in advance what the redundancy…
-
Tax on redundancy payment
Hi All. I'm going to be made redundant next month. I will receive about £70k. I know the first £30k is tax-free but wondered at what the remainder will be taxed at. I am a higher rate tax payer but wondered if, as we are only a month into the tax year and therefore the total payment plus salary received to date would put…
-
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…
-
Contract change can I ask for redundancy
I have been furloughed since April 2020. I was then on flexi furlough and work 3 days a week and furloughed for 2. My employer has changed my contract to say as of 1st July I will be employed 3 days not 5 and no more furlough. I have signed this a week ago. Can I ask for redundancy?
-
Redundancy and National Insurance
Hello, I have been made redundant and plan on taking early retirement. I can claim my work pension as of now, but plan to do this next year as I can survive on my redundancy payment for 1 year. I have paid 40 years full contributions of National Insurance without any gaps, but want to know if I need to continue to pay it…
-
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…
-
Voluntary redundancy
I was declined volontary redundancy from the store I was working in. The reasons were I had all the qualities to take the business forward, since then Ive worked a month over Xmas put back on furlough them moved to another store! Is it legal to decline a member of staff then transfer them to another store?
-
Change of contracts but I want to quit, can I not sign and be made redundant?
Hi folks! I've been working for a company full time for 4 years now, but I want to quit and go freelance for a while. As it happens, since the company was acquired a year ago we're going through a change of contracts for everyone in the acquired bit. I heard that if I simply don't sign the new contract, I'll have to be…
-
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…
-
My contract has expired but my employer won't recognise redundancy
I have worked fulltime for my employer for 6 years. Due to financial difficulties due to Covid19 I agreed to a temporary 50% paycut for 6 months and she gave me a temporary contract to work at home which expired 2 weeks ago. (The contract says that should I be made redundant I will have to work 3 months notice on full pay…
-
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…
