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Holiday entitlement during redundancy
Hi, After some advice. I am being made redundant and during consultation they advised my final pay would include untaken holidays. When I received my redundancy letter they changed this and told me I have to use them or lose them. I get that they are entitled to this, however I spoke to Acas and they advised that if I…
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redundancy during coronavirus
Hi I am on furlough for the past 5 weeks. I have now been notified they are restructuring my role and I am at risk of redundancy. what are my rights while I am furloughed and can my redundancy payments be based on my furlough pay? Thanks in advance.
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Voluntary Redundancy
I have the chance of taking a good voluntary redundancy; 33 years in role pre tax £51K would be paid. already have £13K in savings and after clearing debts (Inc Mtge) would leave £20K in savings. I am (only !) 51 years old. With the job market it is and could be, I am really stuck with my decision. If I was a little older,…
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Warning of Redundancy - Contract Restrictions Agreement
During my period of being furloughed from work, I received a letter from the Commercial Director of our company warning of possible redundancies within my division and they were looking for volunteers before moving onto compulsory redundancies. Due to there being over 20 roles affected, the rules of collective consultation…
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Redundant staff being replaced by Sub-Contractors
I've recently been made redundant and I'm still on my notice period. My employer said just before Lockdown that they possibly needed to make 8 of us Electricians redundant. During being Furloughed we were informed there would be a 3 stage points process to determine who would be at risk. Since being at risk, I've been…
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Statutory redundancy pay question - if contract changes
Hi all, My mother was recently, after 20 years of being a full time employee, put on a part time contract. She was working four months part time before being furloughed due to Covid. She is now back in work, but there is talk of redundancies. She looks likely to be made redundant. As she has been with the company 20 years…
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Boss can't afford to pay any statutory redundancy money but is NOT insolvent
The sole trader business I have worked for for 22 years is closing. I am being made redundant on 1st August. The boss cannot afford to pay his staff any statutory redundancy entitlements. He is going to wait until one of his creditors makes him bankrupt - which could take months, whereas I only have 6 months to make a…
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Company i work for is going into liquidation, i'll get 3 months notice, however......
Good afternoon. Thank you for taking time to read this post. I will be made redundant on 31/07/2020. I have had all the letters, and also being paid till the 31/07/2020, i am also furloughed with same company. The company is going into liquidation, we have been told there is no money available for severance. I also know i…
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Redundancy payment Vs tax year
Apologies if this is a common question but I had a look and couldn't see anything. About to become embroiled in a fight with HMRC over a historic tax issue that's complicated by a redundancy payment. Here's the scenario: I was made redundant from a role My last official day of employment was march 31st 2018. I have a…
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Redundancy - holiday pay entitlement
My holiday year runs from June to May. When we entered lockdown my company put a ban on new holiday requests but said unused holiday could be carried over to the new holiday year. I still had 4 days holiday owed and have accrued 4 more days to my redundancy date based on a pro rate of 25 days due / 12 months x 2 months…
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Redundancy Tax
I’m taking redundancy in August this year - I was previously made redundant from the same company nearly 7 years ago but returned to a completely different job / position after 15 months. Does this impact on the tax I am charged on my 2nd redundancy payment? As I understand the first £30k is tax free it has been suggested…
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Salary Sacrifice if Paid in Lieu of Notice
Grateful for the readers' advice on this - About to be made redundant i'm trying to know whether I will still get the sacrificed part of my reference salary paid into my pension (by the employer) if paid in lieu of notice - if not, I will reduce the amount that I sacrifice before notice is served, so that they need to pay…
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Redundancy - Years of service question
Hi, Please can anybody advise? I am about to start redundancy consultation with my employer. The question I have is that my contract states that I have a 3 month notice period. I have been with my company for 4 years, and my redundancy payment has been calculated according to this. However I will have my work anniversary…
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Moving to a cheaper rental accommodation before redundancy
Hi, I’m currently going through the redundancy process and have had my first consultation meeting. It’s currently looking unlikely that there will be a possible available at the end of the process. Based on this I want to move to a cheaper rental accommodation as part of reducing my outgoings. How should I approach this,…
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Redundancy and benefits
I was made redundant just before lockdown and paid 6 months notice which exhausts next month, am I entitled to any government benefits or am I expected to use my savings to live?
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Wage while on redundancy notice
i was furloughed back in march, 2nd of june i was made redundant, legally i had to be paid full wages, what i would like to know is, my hourly rate was £8.45, this is what my wage has been right up till todays wages, can they legally pay me under the minimum wage while on my 12 weeks notice?
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Tax and NI near retirement.
I plan to give up work in Nov21 when I am 65. State retirement age is 66. Never having retired before (obviously!) I was wondering about two matters Firstly if I retire 7 months into the next tax year, can I still make contributions to a personal DC pension up to the amount allowed based on only 7 months salary? Secondly…
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Hired in the UK, made redundant abroad - advice?
Hello! I'm in a tricky situation with my exit negotiations. I was hired for and worked for a company in the UK for four years, they moved me to the headquarters in Israel last year (this involved signing a new contract with the IL entity). I was made redundant two weeks ago, and they want to pay me redundancy as an IL…
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Questions in redundancy consultation
Please can anybody advise? I have just completed my first redundancy consultation and have the only role in this particular department. I asked the question if there were any other roles at risk of redundancy in other departments, but they refused to answer this - saying it does not concern me. As the consultation was…
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Furlough, notice period and salary sacrifice pension
Hi. Hoping someone can explain this to me. I've been made redundant and am being kept on furlough for the duration of my 12 week notice period. What happens about my salary sacrifice pension? My employer has not made any contributions to my pension during my furlogh period and will be topping up my furlough to 100% during…
