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Quick consultancy question
Hi Will keep this brief as possible. I've just been contacted by a colleague who has just had his redundancy consultation (i've got one tomorrow) and he has told me that when he asked the external hr advisor who was hosting the meeting about the selection criteria being used, the guy wasn't able to tell him. Don't they…
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Holiday pay calculation
I am being made redundant and given pay in lieu of holiday. How do I work out if they have calculated the correct amount. These are not my real figures but for sake of discussion. My gross salary was £1K per month. Five months ago I got 1.06 % pay rise. I have 25 days holiday a year and they owe me 14 days. My holiday year…
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Redundancy soon
I am (almost certainly) being made redundant in the next few weeks. Having never been in this position before I am pretty lost with everything (not to mention a bit stunned at how sudden this is) Does anyone have any advice ? I literaly don't have a clue about anything,
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Being made redundant very soon
Getting made redundant in Feb 21 I have a mortgage, was wandering what benefits I would be entitled too if any, I also have savings over 16000, hopefully I'll get another job by then but haven't had alot of luck as of yet, would appreciate any help on this matter, thanks in advance
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Company shares in VR situation
I have been offered voluntary redundancy by my company. I have approx £30K of company shares that will be made available if I leave - I can either transfer them to a broker or sell them. What are the capital gains rules on selling these shares in a redundancy situation? Is it the same CGT rules/allowances? I am not sure…
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Universal credit & redundancy insurance
Does anyone know is it possible to claim universal credit if you have redundancy insurance?
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Boss sold business but no redundancy or holiday pay.
I'm asking this for my partner. She worked in a cafe for approximately 16 years, 6 years under the current owner. He has now sold the business to another person but did not offer her the opportunity to stay in work by working for the new owners. He now states that he cannot afford to pay her what she is owed ie, holidays…
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Depressed
I know a lot of people are in this position. I have been told I am being made redundant by my present employer. I have been in employment for 40 years or so, continually. I have been with my present company since 1988 and I am truly devastated and depressed by this news. I have never faced this situation before and would…
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Potential Redundancy- pay and notice period?
Yesterday I was informed I am at risk of redundancy. Due to business demand falling and a restructure within the department, there is only one spot to do my current role (currently there is 2). they have created a new role for a 3rd person in our department but said neither of us 2 at risk of redundancy can apply for it as…
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Redundancy
Evening All we have been told our workplace has been sold but no exchange of contracts have been completed yet. we have been informed the new owners don’t want any of the employees as he is refurbishment the site before reopening Last week we was all put at risk of redundancy? we had a phone call about it no indication on…
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Incorrect Redundancy Payment: Best Option From Tax Perspective
Hi, grateful for your thoughts on the position I find myself in. Recently made redundant (all in the plan so happy to go) and now essentially early retired and no plans to go back to work. My pay off was circa £109k and I’d instructed my employee to put £46k into my APeC (using all available allowances from this and the…
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Messy redundancy process
Hi, I hope you all well and safe :) It would be great if there’s someone with the knowledge, who would help me get better understanding of what companies can and can’t do during redundancy process because I’ve lost the plot and trust that mine is carried out properly. So couple of weeks ago we were provided with the…
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Employment Tribunal Guidance
Good evening, I am starting a thread for some tribunal advice. Backstory: 9th Sep 2020 - 69 employees were made redundant and company has gone into liquidation 10th Sep 2020 - all 69 employees found out on this day that they were made redundant. Email received in the morning at 10am for all staff members to be on a call at…
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Redundancy and my son's student loan entitlement
Hi all My work is making a round of redundancies and I'm considering volunteering for the voluntary scheme. At the moment I am a higher rate tax payer and my son is at Uni. Unsurprisingly we're not entitled to anything from Student loans except the bare minimum loan and the tuition fees. My question is if I get made…
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ADVICE NEEDED PLEASE/ REDUNDANCY NOTICE PERIOD
Hello i am new to the forum. Unfortunately i am being made redundant, and i have completed what was a shambolic consultation period. My employer has giving me 12 weeks notification as to finish the employment contract. However this period of notice is for longer than i expected and it would appear to be at odds with the…
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Redundancy & tax due
Hi, Can anyone tell me if the following statement is true or not; After the £30k tax free amount of redundancy has been deducted is the remaining amount taxed @ 40% ? I've been told that redundancy is subject to different tax then your salary and there is one rate and one rate only and that's 40% irrespective of any…
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Redundancy minefield
Hi all. I know this information will be 'out there' but it's just all so difficult to find. There is a chance that I am going to be made redundant. I've been on to the government's redundancy calculator and it's told me what I'm entitled to. I've been here for 15 years. But on top of that, should I also get my notice…
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Pay in lieu of holidays - is this taxable
Hi, I’ve recently been made redundant after the company I worked for ceased trading. I’ve received my final pay packet from the administrators and done some calculations to check their breakdown of how much pay in lieu of holidays I’m owed against my own calculations. I’ve worked out how much they’ve paid me per hour of…
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Holiday taken, no notice
Hi all, I don’t know if this is the right forum for this topic but here goes. Back when I was on furlough I was still accruing holiday and when it got to July, after hearing nothing from my employer, I emailed HR and they informed me they used 2 weeks of my holiday whilst on furlough and an email had been sent out to…
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Sudden redundancy help
I have been made redundant today and i have to claim my wage, holidays, redundancy and notice monies from the government. I am panicking as i was due to be paid in 2 days. How long does it take to get each of the payments? I am just mind boggled 😔
