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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…
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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…
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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?
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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…
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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…
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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…
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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…
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Not offered redundancy (I think wrongly), resigned
Hi everyone I've been employed for more than 2 years on a fixed term contract. My contract was due to end 31/03/2021 but was extended for 2 months to 31/05/2021 with a view to extending it more long term pending finance approval. In that time, I was worried about the contract not getting extended again so I looked for…
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Redundancy Enhanced Offer and using salary sacrifice
I have an enhanced offer which is comprised of PILON (£15k) and compensation for loss of employment (£45k). My understanding is that £30k will be tax free but can I have my employer direct the remaining into my SIPP pension up to the £40k limit - new tax year? They currently do do this with my salary and add the 13.8% that…
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Redundancy - How is PILON effected specifically by a new job on lower wages
My employer went into liquidation and we were all made redundant with immediate effect. I was very fortunate in being able to find a new job almost immediately and started work at my new employer just 12 days later. My question is on how this will effect statutory PILON from the RPO. I know it's mentioned that "If you…
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Unfair treatment at work
Hi everyone I have a situation at work that I just don't know how to resolve. I'm not sure if I'm putting this thread in the most appropriate section of the forum. Apologies if not. This is a slightly long story, but I'll try to keep it as short as possible. I've been working for my employer since 2013, and for personal…
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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…
