We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Previous employment overpaid

Hello so recently I got dismissed from a job however recently they paid over £1000 into my bank account


I questioned my employer to which they responded they had no idea why I had been paid it and to transfer it back. Obviously I asked for my payslip to be posted to me (which they said is wrong) so I asked for a new one and my previous one to both be posted. They told me since i'm owed nothing then I couldn't be given a new payslip.


I've kept the money in a separate account just incase but my question is how long do I keep it safe for and am I able to pay back in instalments if it's proven I am owed nothing?

Comments

  • nicechap
    nicechap Posts: 2,852 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hello so recently I got dismissed from a job however recently they paid over £1000 into my bank account


    I questioned my employer to which they responded they had no idea why I had been paid it and to transfer it back. Obviously I asked for my payslip to be posted to me (which they said is wrong) so I asked for a new one and my previous one to both be posted. They told me since i'm owed nothing then I couldn't be given a new payslip.


    I've kept the money in a separate account just incase but my question is how long do I keep it safe for and am I able to pay back in instalments if it's proven I am owed nothing?

    You don't.

    Pay it back to them today.
    Originally Posted by shortcrust
    "Contact the Ministry of Fairness....If sufficient evidence of unfairness is discovered you’ll get an apology, a permanent contract with backdated benefits, a ‘Let’s Make it Fair!’ tshirt and mug, and those guilty of unfairness will be sent on a Fairness Awareness course."
  • elsien
    elsien Posts: 36,469 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Why would you need to pay it back in installments of it's already just sitting there in an account waiting to be paid back?

    Do you agree that you have been overpaid by the full amount or do you believe there is still some money owing to you? I'm a bit confused by the payslip issue - is it correct, does it show the £1000, if it's incorrect what's wrong with it?
    All shall be well, and all shall be well, and all manner of things shall be well.

    Pedant alert - it's could have, not could of.
  • Les79
    Les79 Posts: 1,337 Forumite
    my question is how long do I keep it safe for and am I able to pay back in instalments if it's proven I am owed nothing?

    I would imagine that you'd have to keep it safe for up to 6 years, at which point the company will usually be unable to make a claim against you through the courts.

    You may be able to pay in installments, but you will need to ask them. They might instead demand full payment (more so if you've told them about putting the money to one side) and, if not forthcoming, issue court proceedings against you to recover the costs.
  • TELLIT01
    TELLIT01 Posts: 18,192 Forumite
    Part of the Furniture 10,000 Posts Name Dropper PPI Party Pooper
    Does the payslip you have received match the amount you have been paid, or is there a difference of £x? If the payslip shows the correct amount it should be a simple matter to return the overpayment. If however the payslip is wrong I would agree with the OP that then need a corrected payslip, as the overpayment will be subject to tax and NI
  • Xbigman
    Xbigman Posts: 3,918 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    If your ex employer has said your payslip is wrong then they should supply a correct one but don't have to supply a copy of the incorrect one. What did your P45 say? Compare your P45 to the last payslip you have and work out the difference.
    Also check your holidays, were you owed a couple of weeks?



    Darren
    Xbigman's guide to a happy life.

    Eat properly
    Sleep properly
    Save some money
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.