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PILON taxable?
Apologies for what I'm sure is a common question, but is PILON taxable? My employer is making our team redundant from 31/1/17 and we are getting 2 weeks per year of service redundancy (I understand this is tax free but please can someone confirm?) and PILON for our notice periods. This will all come in one payment in the…
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Possible redundancy?
Hello I am wondering if anyone has experience of this? There may be redundancies coming at work (company is being acquired by a larger concern). I have a very specific job title/role which I anticipate the new owners will not need. However I could do at least 2 or 3 of the other roles in my team .... which are less likely…
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No redundancy rights
Hi everyone I am a regular contributor to these forums but given the nature of what I'm going to say it would be too easy to piece together who I am based on previous posts and anonymity is important to me, so I've created a new account for this post. I hope that's ok. I found out about 3 weeks ago that my company is going…
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Leaving for a new job and Redunacy pay
The office where I work is being shut, all jobs are being transferred to the other side of the country. Due to the distance all employee were offered redundancy. The initial advise was that the office would be closed in march, each employee would be given a retention bonus if they stayed on to their termination date. Some…
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Really silly question
I was made redundant and my wages are being paid up until the 31/12/16. I will be meeting my employer to get my refference, redundancy letter, redundancy money and p45. Here is the silly bit, 2 weeks BEFORE my employer rang me up to tell me i was being made redundant, my other boss rang me up to do some phone work for him…
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Redundancy, individual consultation, date question
Hello, I was wondering if I could ask for some help in understanding the below. Our comany is currently going through a reorganisation, and my position has been removed from the business. I'm now in individual consultation, and about to have my third 121 meeting tomorrow, in which I am expecting to be told that I no longer…
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Local Government continuous service and Fixed Term Contract
I have worked in Local Government for over 15 years and have recently been offered a Fixed Term Contract with another Local Authority, for approx 14 months. If the FTC does not continue, will I be entitled to redundancy payment for my continuous service in Local Government? Or do I waive the right because I have accepted…
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At what date to calculate number of years
Hi All We have a threat of redundancy at work. I am on a contract with 3 months notice (each way) and a "pay in lieu of notice" (PILON) clause. We have been told they will be offering the following terms: 1. 2.5 weeks pay for each full year (no pro rata'd pay) 2. Contracts will be terminated on 31st December. I started…
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Confirmed redundant leaving dates
Hi, me again with another redundancy question. I've just come from a consultation with HR where they have confirmed we will get a decision on the redundancy on the 12th January (currently in consultation but we all know how it will end up), but they will ask us to work to the 31st January and this is the date the roles…
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What you need to know about liquidation and redundancy payments as a director
An important aspect to be aware of when considering your right to a director redundancy claim centres around the liquidation process. http://www.redundancyclaim.co.uk/news/need-know-liquidation-redundancy-payments-director/
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Waht do I do
Hello I have just found out that my company may be taken over by another company and myself and one other person will be tuped over to the new company, however I will go from a straight salaried position to one that is based on commissions from work done only, also the company car will be taken away, the new company is…
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Redundancy & Share Awards
Hello All, Looking for some advise please. I have just been notified that my position within a company is now at threat of redundancy. All the basics I understand. However last year I was awarded a chairman's share award and given 600 shares but with only with an electronic letter, these shares would vest in 3 years time.…
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URGENT! Redundancy pay in payroll cycles
Hi all. I'm being made redundant, and am 99% of the way toward signing the settlement. DUE TO SIGN TOMORROW, THE 2ND! However something came up today that I want to question. At my company the normal staff pay date is the 15th of the month. My leaving date will be the 9th. The company is saying that the 9th is after the…
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TUPE and Holidays
I am working for a company that is due to TUPE me and 80 other staff over on 1st March 17. We will have 4 days holiday accrued with this existing company for Jan and Feb. The company are saying that this must be taken and cannot be taken forward to the new company and we cannot be paid if we don't take it. Is this correct?…
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Recently redundant, Unemployment Claim monthly evidence required for approval of paym
Good morning, Sadly made redundant recently, but I was fortunate enough to have taken out unemployment cover a while back.....I nearly cancelled a few times due to the increase in premiums and I am so relieved I hung on! They have advised me before they can pay me each month, I have to send them 3 pieces of evidence of Job…
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Company witholding work made me redundant
Ok bit of a strange one, I work for a large engineering consultancy, a ltd company. They've made me redundant due to reduced future workload and im currently on gardening leave. In the last month ive learnt that two directors (one of which was mine) were put on indefinite leave, the rumours were that they had been holding…
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Redundancy and how it works?
Hi all, So as of 07/11/16 the CEO announced our office would be no more by May 2017 as they are moving to another location. And because of that move three particular teams would be at the risk of redundancy, to which 1 of the teams is one I belong to. Today I started at 1pm so missed the first collective consultation…
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Redundancy / Retirement advice please
Looking for some general advice. Been made redundant but have a pension coming out in about six months at age 60. Been talking to several people who have described the Job Seeker thing as a nightmare so my intention was to not bother signing on for JSA and I have enough funds to bridge the gap until the pension comes out.…
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redundancy pay
my job role is being made redundant and im yet to receive any information. I curious as to how much pay i would receive? My job role started in June 2011, i was full time up until April 2016 as i had 9 months off for maternity leave therefore returned park time. How would they work this out? 5 full years of continuous…
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Another TUPE query
Hopefully this is the correct forum, but I need advice on TUPE. My employer carries out business in 2 effectively separate sectors. Part of the company caries out term maintenance work for a local authority, the other part competitively tenders for work in the marketplace. Some people are wholly involved with the term…