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An employee has agreed to the terms of a compromise agreement but is querying which payments under the agreement will be taxable and which he can have tax-free. What is the tax position?
Published 02.11.2006
If you’re making a termination payment to an employee, such as pay in lieu of notice (PILON), should you deduct income tax and NI contributions at source or is it free of tax only up to £30,000?
Published 01.05.2008
On 6 April 2018 changes will be made to the tax treatment of payments in lieu of notice (PILONs). What do you need to know?
Published 08.02.2018
You’ve come to an amicable parting of the ways with an employee. She’s to receive a tax-free termination in recognition of her services. But, how must you word the letter to ensure it really is
tax-free?
Published 07.04.2005
On 6 April 2019 the law relating to the taxation of termination payments will change. From that date, you’ll have to pay employers’ NI on any part of the payment that exceeds £30,000. What does this
mean in practical terms?
Published 24.10.2018
You’re going to meet with an employee to discuss her poor performance and want to use the opportunity to offer her a compromise agreement (to get her out). Is this idea of speeding up the process
necessarily a good one?
Published 02.10.2008
It was recently reported that the insurance giant, Aviva, will be paying affected staff “two weeks’ pay only” in its next round of redundancies. So do employers have the right to reduce redundancy
payments?
Published 03.05.2013
You’ve agreed to part terms with an employee. He’s said he will sign an agreement waiving his rights. As there’s nothing to suggest he won’t sign, should you remove him from the payroll?
Published 19.02.2009
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