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voluntary redundancy declined
Our company had to make redundancies . there were 5 of us 4 of us on 35hrs and one on 14 hours they only had funding for 70 hours so they had us complete a matrix and score ourselves on our skills. my colleague advised she wanted to take voluntary redundancy , however they offered the 14 hours worker her job and then…
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Redundancy mid-year & tax
Hello I was made redundant at the end of November '24 and am looking for some advice on the tax I paid on my severance payment, as well as PAYE during the period April - November. My total redundancy payment was 80k and tax deducted was £20,200. So, I paid 40% tax. In addition to my redundancy, my taxable earnings for the…
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Tax paid on redundancy
Please help! I’ve recently been made redundant but my redundancy pay was taxed and I paid NI contributions. I’ve spoken to HMRC who can’t do anything as it was put through as wages so they can’t amend it. They’ve advised me to ask for a reworked payslip but that isn’t an option as I’m disputing my redundacy and unfair…
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Has anyone successfully received a Protective Award paid for by the Insolvency Service?
Has anyone successfully received a Protective Award from the Insolvency Service fund following a tribunal judgement? How long did it take? The company I was working for in early 2018 went into administration and we were all made redundant the same day. We made a claim with the employment tribunal on grounds that the…
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Fixed Term contract redundancy and staying with same employer
I have been offered statutory redundancy as my contract is not been renewed and the post has been made redundant. End date confirmed in writing. Also there is no alternative employment available on my current grade or lower. In light of this, I have applied for a higher grade post off my own back in another department,…
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Redundancy
Hi. So I work a large demo firm. Which has several sites throughout the country. On the 13 feb 4 sites were put on a “at risk of redundancy” notice. This was read out to us only. This added up to be around 50 people, on our site there was 10. In the letter it read out it went onto say we would be issued with a date and…
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Notice Pay In Redundancy
Hi, My wife is being made redundant next month, we’ve known for a while so no shock. She has a 16 hour contract, but in the 12 weeks prior herself and the other employee have been working 24 hours. In the redundancy calcs this is being used to work out the redundancy pay. During their notice they are only working 16 hours…
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Redundancy/settlement advice
Hi, I’m looking for some advice as I’m at a crossroads. I’ve worked for a large pharma company for 10.5 years, where I’ve progressed to a salary of £75k (excluding annual bonus of approx 10k). Last year, my team was made redundant, and I was offered a fixed-term maternity cover role in a completely different area of the…
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Suitable Alternative Employment - Slotted in????
From 1 April I will be "slotted in" to a new role at work as part of the VR process currently taking place. They are not calling it suitable alternative employment. I do not believe the role is suitable. It is the same grade but they have reduced the hours, my pay is not protected where it would have been if i had dropped…
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Mortgage Protection and Voluntary Redundancy
I am currently on consultation and will have to apply for my current job or select voluntary redundancy. If I get my job I have to TUPE to the parent company if I don't then I go back to voluntary redundancy. At this point there won't be much choice you either take it or face a TUPE over to the parent company and will have…
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Is this legal from the employer?
New CEO. Made a point to say they want to create an environment where everyone is heard. Someone (when prompted by CEO) explained their situation about their line manager who has made their job impossible by giving no constructive feedback, no guidelines, no help, but only criticism and denial of proposals, with no help or…
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Second time redundancy same employer no tax free cash
I hope someone can help. Im in the process of being made redundant from the same employer for the second time. I was previously made redundant just over 16 years ago and returned after 3 years and have been back 13 years. I have been told that my £30k tax free cash allowance is impacted so i will essentially not get this…
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Redundancy
I got made redundant with my contract terminating on the 24th January 2025,I got 20k and was told it would be paid on February 27th 2025,this is in a letter from the company.4 days later I had a call offering me my job back which i accepted verbally,from my point of view there were 4 days where I wasn't employed so I…
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Redundancy and payment across tax years
I'm getting conflicting information from a tax person and HMRC. I'm getting a P45 in March but my pay-out won't be till end of April. In what tax year do i declare my redundancy income (outside the £30K tax free?). Is there a website where I can find this information? Many thanks.
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Redundancy and I think my Employer has dropped a clanger...
I have been made redundant from my job as a Maintenance Manager because the business needs to cut costs in the current market downturn. I have had my consultation and stated that I would be willing to take a drop in salary and relinquish the 'Manager' role, if it meant saving my job and helping the company out. I was let…
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Can an employer reverse my redundancy?
In 2015 I went through a deselection process and was in the stages of being made redundant. So my documents we're issued to me with a leaving date and the amount of redundancy money I would recieve. But and this is the big but. My employer rang me at home, just two weeks from my leaving date to say they have made the…
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Redundancy advice for merging companies
Hi. The company I work for has bought out another company and is in the process of merging. The other company has a bigger infrastructure, more staff etc... There are about 10 people that do my job, and abut 50 people that do the same job in the equivalent department at the other company. However, our job titles are…
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Redundancy payment coming in April - how can I minimise the savings tax bill?
I have taken voluntary redundancy, finishing at the end of March. I've got a £65k net redundancy payment coming on 22nd April 2025. I will also get around £32k of maturing shares around September. I've got £16k ISA allowance remaining for 24/25 and my wife has her full allowance for 24/25 too. However, I don't have any…
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Voluntary separation?
Im hoping for some advise regarding a difficult decision I need to make. Last week I was offered voluntary separation from where I have worked for 4 years. Total package is £32k. There is an insinuation that if the cost savings are not met then compulsory redundancies may follow. Im 58 and about 3-4 years from planned…
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Contemplating redundancy in a HEI
Hi Posting as a panicked newbie here... We have been offered the opportunity to apply for or voluntary leavers scheme and I have submitted a request to be considered (I don't have to sign it but after a bad day finally pressed the submit button!). The background is that I have been there 16 years, I am good at my job (I…
