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Tax on Severance - Overseas Service Foreign tax relief?
I have recently been made redundant/severanced and my settlement contained full deduction of taxes on the amount over the 30K tax free threshold. My question to anybody in the know and willing to share is am I able to reclaim tax given I have worked 17 of the last 20 years overseas and outwith the UK? I thought I had read…
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Redundancy
I am being made redundant soon. I do have a MPPI. If i can not find another job will this effect my Job seekers benefits or will it make me not entitled to claim
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Trial period in a new job
After a few weeks of uncertainty, I have been selected for a new role that is replacing my old redundant job. There will be a trial period once the new job starts. I know that can be ended by both the company and me, and we would be back to redundancy and potential settlement and payout - does anyone know under what…
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Redundancy help
My mum has been working at a supermarket for 39 years. She is now at risk of redundancy. she is currently on a 29 hour a week contract. They have been told to apply for jobs that were released last week. The jobs released last week were all 12 hour a week jobs with terrible overnight hours nothing like her current…
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Redundancy dilema
Since Monday I find my self with an unexpected dilemma. I was told my current role is ceasing and I am at risk of redundancy. There will be an option of a redundancy package which is generous - or I have been told there is another position for me - on a different grade than I am currently on. The salary hasn't yet been…
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Yes or No answer needed please - Taxation implications of redundancy on overall income
Hi Everyone I've searched the forums here for an answer but would like some clarification on how my redundancy payment will effect my taxation. The question is basically if redundancy counts toward my overall income for the year, and therefore leaves me owing money. Let's say I have 25k redundancy and 10k in Pay In Lieu Of…
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Redundancy or Unpaid Leave
I work for an IT consultancy where
employees are assigned to various projects for clients within the company. I
have been with the company for 7 years. I was released from my last project at
end of December last year due to budget cuts on that project and have been
unassigned or ‘on the bench’ since January this year. The…
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Statutory redundancy/notice period or contractual if company goes bust?
Hello everyone If a company goes into liquidation, (or whatever the official term is where you suddenly don't have a job and aren't working your notice period), I understand you can claim redundancy pay/notice pay from a government NI pot? I understand I would be entitled to statutory redundancy pay, but what happens with…
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Redundancy and work from home equipment
Hello, I am currently in
the middle of a voluntary redundancy process. A few months ago
my company issued equipment (chair/screen) to make work from home easier. I am pretty sure
that I read somewhere or heard somewhere, maybe even Martin saying it on TV
that wfh equipment is different to a laptop as it is issued to the…
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Redundancy Date Confusion
Hi. Just a brief outline - I was informed last week that my position is at risk of redundancy. The company are centralising their accounts departments from being based at sites all over the country to one site 100 miles away from where I am based - so I am definitely losing my job. We've started consultation which will end…
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New to redundancy
Hi all, I just got informed yesterday that the retail shop I work in will be closing next month, I may be offered a role in another store but due to not driving and relying on public transport etc it isnt feasible for me as you have to be fully flexible in retail.So can anyone suggest any links to read etc about what I can…
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Redundancy and short term contract extension
My situation is quite complicated but hoping someone on here may be able to help me. I’ve contacted my union repeatedly for a week to try and get advice with no response. I work in the nhs and have five years continuous service. I’ve been employed by my current NHS organisation for just over a year but I’m on a fixed term…
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55 and out of work
I have recently been made redundant. At 55 years old and from a niche background it will be difficult to get a role in these market conditions. I will have cash assets of c.£200,000 once my payoff is received. I also have a pension pot of £380,000. My mortgage is £230,000 on a property valued at £430,000 with a monthly…
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PAYMENT IN LIEU OF NOTICE (PILON) QUERY
Hoping someone can help My wife is being made redundant as a result of a restructure that starts in April. She is aged 57 She will get redundancy and an unreduced pension She is entitled to 3 months notice. She could have been asked to work it, been put on garden leave but they have offered her the opportunity PILON to…
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Dismissal for long term sickness with a disability
Chronic illness class under Equality Act 2010 as disability and was off sick then shielding came in but was still sick so couldn't go back. However did tell them that I would be back when fit note ended but before I even got a chance they dismissed me. Have appealed as they never explored all reasonable adjustments, ie did…
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Redundancy - Zero Hours - Furlough
I have been on furlough for about a year. Prior to that I was working a regular 40 hours a week for a company and had been for several years. There is some doubt whether the company will re-open or note (I suspect not). The owners of the company have another unrelated business at a location 10 miles away. They have offered…
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Tax Free limit of £30k on Redundancy payments
I have been trying to find the answer to a simple question on this, but I can't seem to frame the question in a way which Google can home in on. The question is WHEN was the £30,000 limit last changed? It seems to have been stuck on £30,000 for many years. This seems to be a classic case of 'fiscal drag' helping the…
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Furlough/redundancy
Hi My sister and her colleague have been put into redundancy consultation by her employer, she worked through this recent lockdown whilst her colleague was furloughed, she is 60 years old so the chances of re-employment are limited in the current climate. My question is, can she request to be furloughed rather than work 3…
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Estoppel over payment
My husband developed Myasthenia Gravis and was finished from work due to this life long disease he was a bus driver his boss came to see him at home and said he should get medical severance plus 3 months notice pay she said she would get back to him with the amounts the following week she came to our home and wrote down…
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Redundancy and Protective Award
Hi, I was hoping if you would be so kind as to give me some advice if you can. I have surfed, contacted ACAS, CAB and more but each time I’m being told that they can’t advise me on what I’m asking. Basically, I was made redundant on 12/02/‘21 and I definitely fall in the bracket of claiming a Protective Award. My queries…