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Posted on October 17, 2014

Tax on Settlement Agreements

Posted in: employment

17 October 2014: It’s commonly known that a non-contractual payment of up to £30,000 can be made on termination under section 401-4 Income Tax (Earnings and Pensions) Act 2003 (‘ITEPA’). Contractual payments, and payments in lieu of holiday etc have … Continue reading

Posted on October 11, 2013

Settlement Agreements and Settlement Discussions

Posted in: employment

11 October 2013:  ‘Compromise Agreements’ are now known as ‘Settlement Agreements’, which are prescribed by statute to bring to an end statutory claims arising from employment or its termination, and on which the individual must first seek independent legal advice, … Continue reading

Posted on September 20, 2013

Redundancy. What is Suitable Alternative Employment?

Posted in: employment

20 September 2013: If someone is made redundant from their current position, the employer is under an obligation to consider them for suitable alternative positions that are available. If the employer is able to offer the person a suitable alternative … Continue reading

8 July 2013: Compromise Agreements to change their name to Settlement Agreements From the 29 July 2010 ”compromise agreements’ will become known as ‘settlement agreements’ but other than the name, the form will not be changed (see S.14 of the Enterprise and … Continue reading

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