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Over 30,000
Hi all I'm thinking of taking voluntary redundancy from my place of work but didn't realise that anything over £30'000 is taxable, I have a money purchase pension with the same company (standard life) is it worth me putting the excess into the standard life scheme .
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Redundancy pay - weekly pay calculation
Hi Everyone, I've been made redundant recently and I left early as I had found another job and my employer still paid me a redundancy package which consisted of redundancy pay and compensation, but no payment in lieu of notice due to leaving early. My employers HR department gave me a figure of what I was going to be paid,…
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TUPE and length of service
Hi all. I've just been informed my contract is to be TUPE over to a new employer in 30 days. I have worked for my current employer for 26 years and even though i'm being TUPE, working in the same building, doing the same job, would this be seen as start of new employment for the purposes of loan or mortgage application as…
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Civil service early exit
Hello everyone, Just looking for some advice or info from anyone who might have been through anything similar! My work are running an early exit scheme. I am not really happy in my job (24/7 shifts) and was considering leaving this summer anyway. So I am considering applying for the exit scheme. I have worked there for…
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Redundancy exposed!
I work as PA for a large organisation. I'm in my 14th year there. It is part of my role to check/work through my boss' email inbox and today have come across an email between him and our Finance Director to say that I am to be made redundant. I am confused as to what to do (coupled with the fact that I can't quite think…
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Does redundancy affect tax credits
Since April last year i have been on unpaid leave (sabatical). As i wasnt earning i notified tax credits who adjusted the award accordingly. I am going to be made redundant in 28rh Feb 2017 and im.just wondering if the redundancy payment will show on my p60 as earnings which will then affect my twx credit.and end up with…
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protective award
When people are awarded 90 days protective award by a tribunal but the company is in administration/insolvent is the award capped at 8 weeks by the government? Also what deductions are taken from any award?
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Dismissed from work no notice and a little lost
Please can anyone offer some advise? I have been working for a company since the end of October 2016. (company has around 30 employees) Went into work as normal thursday the 18th feb, slowly throughout the day members of staff kept disappearing (I now learn they have been dismissed, each being told the company is going in…
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Redundancy Advice Pls
Hi, I'm potentially being made redundant and I have some questions if anyone can help pls. 1. Is redundancy pay paid via normal salary channels ie. your PAYE monthly payslip. Will the £30,000 tax free bit be automatically worked out or will I have to claim it back from the tax office ? 2. As it's coming towards the end of…
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Redundancy Pay and Maternity Cover
A friend of mine has recently been selected for redundancy. She has been given figures for her redundancy package. At the same time as this there is a position that may become available to her to cover another employees maternity cover. If she was to accept the role of covering maternity would this stop her entitlement to…
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Redundancy pay forfeit
Hi Was hoping for some advice on my current situation. I have worked for my employer for 8 years and have recently accepted voluntary redundancy. I have now applied for a different role within the same company and have an interview tomorrow. My question is if I am offered the job but turn it down will I forfeit my…
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Potential Redundancy Advice Please
Hi. I work for a large and generally well respected UK based corporate employer that has recently told staff it needs to make savings through redundancy equivalent to ten percent of the payroll by early 2019. Broadly speaking, at least two thirds of the 40 or so staff in my particular branch are employed with the exact…
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Pushed to settlement agreement and garden leave?
Hi This is my first post so any help appreciated. I've looked through the forums but couldn't find anything similar so sorry if this has been covered before. I have worked as a teacher and now leader for 21 years with an exemplary record. I was told my post would probably be made redundant and would I like to settle to…
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Am I Entitled to Director Redundancy?
Lifted straight from their website, but I never knew about this! Our flowchart can help you understand whether you might qualify for director redundancy. If you have further questions, call 0800 063 9261 or try a Free Review
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Redundancy and jobs in same organisation
My role is at risk during the present re-structure of my employer. Having seen the new JD's post re-structure they all contain a requirement to be able to travel t'out the UK which my present role does not have. I cannot agree to that new requirement for family reasons which my immediate management chain are aware of.…
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Leaving date or payment date for tax
I'm due to get made redundant on 30/3 I've currently. L new job lined up but hope to get one within s few months of the start of the tax year. My redundancy pay is due to be taxed at 40% less redundancy tax allowance as my salary just pushed me into the 40% tax band. If I don't get a job for a few months I'll be in s far…
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PILON due to long term illness
Hi all, I just want to check the situation on this on behalf of my Dad. He's been offered PILON due to long term sickness and I wanted to check what the obligations are here. I think he's been offered a fair deal as from what I can tell via Google the statutory pay is 1 week per years service (same as redundancy) but I…
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Redundancy and broken / unbroken service.
I have worked for my employer for around 20 years now. About 8 years ago I left for 10-12 months before the tempted me back. Part of my return was that they would consider my service unbroken, which I have in writing, stored safely as well as multiple copies. As times are hard at the moment and redundancy is never far away…
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Taxable Allowances and redundancy
Looking for some help here or a point in the right direction please. Air Crew currently being made redundant, and a package negotiated on basic salary. On top of basic salary we receive allowances for food, and drink whilst we are away from home. currently the allowances are 68% tax free, however HMRC are going to possibly…
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Did you know that many company directors can claim redundancy when their company ente
Very interesting, I dissolved my business and wish I knew of this first: http://www.redundancyclaim.co.uk/
