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Redundancy & redundancy planning

For help with questions about voluntary and compulsory redundancy.

Settlement Agreement Advice
Hello, I'm looking for some advice regarding a Settlement Agreement offer that has come completely out of the blue (not me, but let's just say a very very close member of family with the outcome significantly affecting me as well). The threat was, accept the settlement agreement by X date or we will put you on a…
Outstanding Annual Leave to be included in redundancy notice period payment?
Hello all. I have recently been made redundant and as part of that I was to be paid my 8 weeks notice period. I have also been told that I have to take my outstanding annual leave of 14 days as part of that time - is this correct? I may be wrong but I feel that this means that I would be paying for three weeks of my notice…
Confused around PILON and pension
We are being made redundant. Final september pay will be made up of redundancy pay, PILON, a 2% bonus, unused prorated holiday pay and a lump sum representing September, October and November pay. (our contracted end date was originally end of Nov its been bought forward to end of Sept, but we still get the salary for sept…
Benefits after redundancy
I took a settlement agreement from work and am a bit confused what to do in terms of benefits. I have less than 6k savings, including the settlement, so I am thinking claiming JSA would be a good idea. What am I applying for? Is it universal credit?
Termination through ill health and redundancy
My hubby works for a USA owned company in the UK. Only 4 employees (including him). His health has declined rapidly over the last year. Adaptations have been made but the doctor has now said he will never be able to work anywhere and signed him off for 6 months. He will give him more sick notes if he needs them. We told…
Re-hire after Termination
Hi All, I was recently terminated by my employer due to redundancy, the enhanced payment is due to be paid at the end of the notice period which is on Monday. In February I applied and interviewed for an alternative role but heard nothing back. Today I received a call to advise that I was the preferred candidate and the…
Redundancy settlement and PILON
Hi all really looking for some guidance here as can’t get my head around my situation. offered an ex gratia/enhanced redundancy package today by my employer. been here 11 years currently on basic salary of £46500 per year with an additional £400 per month car allowance to add on. i have been offered - 11 weeks notice paid…
Retiring after redundancy - contact HMRC?
Hi. I've searched but still not clear. this makes sense. Background -I'm 67 and I've been a 40% tax payer for a long time now. Reduced my working week to four days a week in January to ease off before retirement.Salary now is £44400 plus £4320 car allowance per annum. I was planning to work until I was 70 when my wife, who…
Employer NI Contributions and State Pension contributions
Hi - If redundancy payments are received on termination, I understand the £30k is tax free. Above this, tax is payable but NI contributions are not. To ensure contributions are made towards your station pension, are NI payments made by the employer (who will need to pay), be credited towards the contribution, or does it…
Notice of intended dividend payment
Hi, hoping someone can help. I was made redundant back in 2022. I have just received a letter from the liquidators, which says…” please find enclosed notice of intended dividend payment. I am aware that the majority of your claim was settled by the redundancy office but you had a residual preferential claim of £321.62.…
What to do next
Hi All, Hope everyone is safe and well during this difficult time. Just wanted someone to give me some perspective and maybe some advice on what to do next. My situation is I will be made redundant on 31/12/2020 and I will receive £16000. I am lucky enough to have secured another job on roughly the same income as before…
Just don't know what to do.... redundancy approaching and unsure of how to make the most of it.
I wrote here a few weeks ago, and although I had a brief reply, I now have more info and I'm more confused about what to do. I work part-time 21hrs pw and my partner is unable to work due to ill health. We have 2 children 12 and 17 and receive child tax credits, housing/CT benefit, and working tax credit due to my…
Work given to Contractors
Hi. My current employer has recently signed a 5 year contract with a third party company. Because of this, over 150 job roles (nationwide) have been made redundant, and those employees are being forced into another job role. I understand that third party companies are ideal to help with a temporary boost in a work stack…
Bit confused - should I come clean to my employer?
I have received an 'at risk' of redundancy letter from my employer. The consultation process is underway and I've had a few meetings with HR. As things stand my role will end on 31/7/24 and I'm eligible to receive 1 month notice pay plus statutory redundancy pay. I'd be happy to accept the redundancy. In the meantime I…
Holiday Increments after TUPE
Hi, Could anyone confirm if after being tupe'd the holiday increments from the previous company should be carried on and applied by the new company? example: old company after 10 years an extra day holiday was add to yearly entitlement, however I was tupe'd after 6 years and have now been with the new company for over 6…
Urgent help needed: Redundancy close to maternity leave
Hello I’m reaching out because we’re in a bit of a tricky situation and could really use some advice. My wife is a nurse with a large vetenarian employer (who she asked me not to name) We are in Scotland and she has been with them for 10 years, she earns 30k a year. She’s currently pregnant and was about to start her…
Redundancy pool
Within my team of 6 all of us were employed to do the same role and have the same contract. However, I tend do focus on one aspect of the role and the others deal with the rest. At busy periods the others support me and vice versa. We were told our jobs are at risk. However my 5 colleagues have been put in a redudancy pool…
Partner Made redundant
Hello, Initially I posted in the employment section as it wasnt a straight forward redundancy, as she had just gone on maternity etc. Not sure how to move the post here now, but it probably better usited to this forum now. Wouild you mind taking a look - the bottom post ive added by means of an update, we just need to go…
time time only severance
I've recently taken voluntary redundancy from a term time only position with my final day on 31st July (their choice, not mine.) I would usually be on leave/away from work mid July to late August. Is that time off just lost into the ether? Also, the way term time only pay works is it is spread equally across the year, so…
Question: Redundancy Payment - Tax and PENP advice
Hi, I have been offered voluntary redundancy from my employer. I have received an estimate which contains the gross amount only. Whilst I agree with the gross figure, I am trying to work out the tax deductions and PENP on the amount etc. Unfortunately, the employer is not offering PILON. If the package was £110k, I am…

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Redundancy & redundancy planning

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