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redundancy pay
bobbymob123
Posts: 1 Newbie
in Cutting tax
I am due to lose my job at the end of May. I have been with the same company off and on for around 5 years. But, in my current period i have only been with them shortly over 6 months!
As such i am not entitled to any redundancy pay!
However, my company is willing for my last month of salary be paid to me as a redundancy payment...thus avoiding the employemtn tax.
Is this allowed?
As such i am not entitled to any redundancy pay!
However, my company is willing for my last month of salary be paid to me as a redundancy payment...thus avoiding the employemtn tax.
Is this allowed?
0
Comments
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On the face of it this does not sound like you would be entitled to a redundancy payment. It may be that they are treating it like a payment in lieu of notice which may not be taxable but is dependant on the terms and conditions of your contract.
I suggest giving ACAS a call for some free impartial advice 08457 47 47 470
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