Category: Termination of employment

Redundancy – Forfeiture of Pay

[Note – extra points were added to the article on 14/10/2019 & 16/10/2019] Being made redundant is usually an unwelcome event for indviduals. In the midst of an unpleasant and, sometimes, numbing experience, an individual has to absorb his/her options and best course of action. Concern about getting another job can lead to an individual […]

Termination Payments – New Liability for Tax and National Insurance

The exemptions from paying tax on termination payments, especially pay in lieu of notice, have been reduced significantly as of 6th April 2018 and made more complex in some instances. Take a quick quiz to see if you need to read more about the changes.  Are non contractual payments in lieu of notice taxable?  If […]