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Is paying untaken holiday days a legal requirement?

Seem to getting mixed messages regarding whether any untaken holiday pay should be included in a redundancy package calculation?
Thanks 
:j

Comments

  • Grumpy_chap
    Grumpy_chap Posts: 18,101 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    ferry said:
    Seem to getting mixed messages regarding whether any untaken holiday pay should be included in a redundancy package calculation?
    Thanks 
    You may be required to take the annual leave within the notice period.
    If the leave is accrued and not taken, then it should be paid as part of the final salary period.  Paid as salary and not redundancy, so it will be subject to income tax and NI.  There may be an option to sacrifice into pension.  The rules changes a few years back so can no longer be rolled into the tax free redundancy value.
  • ferry
    ferry Posts: 2,012 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Thank you 
    :j
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