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Am I entitled to tax free PILON? (12 weeks) Also, wrongful dismissal detail.

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Comments

  • ReadingTim
    ReadingTim Posts: 4,087 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I know we all like to joke that HR departments are rubbish, but if you had a "director level position" then the sums involved aren't going to be small, nor will the penalties be for getting it wrong.

    Any company worth its salt would have made d@mned sure that they could have terminated you in the manner in which they did, including the treatment of your notice period.

    Given you say you left on reasonably good terms, I'd suggest putting your time and energy into finding a new role ASAP, and treating this payment as a nice little bonus (assuming you can get a new job within the 12 weeks they'll pay you for).
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Decent paid job, "director"(whatever that means) and did not see this coming.

    Face fits, not delivering, miss match, financial difficulties, whatever, if relatively amicable keep it that way and move on.


    Employment is a small world.

    Surprised your entry negotiations/contractual terms are not in your possession.
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    PILON is usually tax free where your contract doesn't allow for it, because they'r breaching your contract by not allowing you to work your notice. That's what the bit you've read is referring to, so check your contract on that.

    You might well have been wrongfully dismissed but the unfortunate reality there is that the most you can win is your notice, which they've paid you for anyway.

    As others have said if you find something in the next three months you're up on the deal. Good luck.
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
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