Following my Tweet on the day of the Budget from April 2018, termination payments that are subject to income tax on amounts in excess of £30,000 will be subject to employer national insurance contributions. The £30,000 exemption will remain and that the whole termination payment will be outside the scope of employee NICs. In addition, […]
Tag: settlement agreement
Early Conciliation results
The ACAS early conciliation statistics for the first six months have been released and, whilst not 100% representative of the actual results due to a time lag in people putting their claim in, make interesting reading. By way of a recap in a claim for unfair dismissal it is now mandatory for the Claimant to first […]
ACAS pre-claim conciliation now mandatory
Just a reminder that ACAS pre-claim conciliation is now mandatory from today. Claimants must now contact ACAS using the prescribed methods before they bring a claim to the employment tribunal if their claim involves unfair dismissal, discrimination and other common claims set out in the new legislation. If Claimants don’t confirm that they have an […]
ACAS early conciliation goes live
Today is the first working day after ACAS early conciliation came into being. For the next month it will be optional before it becomes mandatory on 5th May 2014. The new ACAS early conciliation website is here. Before a Claimant presents an Employment Tribunal Claim for relevant proceedings, the prospective Claimant must provide information to […]
Shared parental leave
The Government has published its response to the consultation on the administration of the new shared parental leave and pay system following its confirmation that new arrangements for shared parental leave and pay were on the radar for the current Government. The Government has already provided for change within the Children and Families Bill currently […]
Flexible working
The reputation of some industries for allowing staff to work flexibly is better than others. Research has shown much still needs to be done. I therefore read with interest two articles published in our own professional magazine, the Law Society Gazette on this very issue this week. It is quite clear that as lawyers we […]
Code of Practice for Settlement Agreements
Following on from my post earlier this month, ACAS have now published their Code of Practice on Settlement Agreements. In case you didn’t know, settlement agreements will be the new name for compromise agreements from the 29th July 2013. Check out my earlier post under the Compromise Agreement/Settlement Agreement category on the right.
Compromise Agreements/Settlement Agreements
Compromise agreements or settlement agreements as they are to be commonly know as soon, compromise a claim an employee/worker may have against their employer in return for compensation. Commonly they will bring about the termination of employment but not in every case. For employers, they need to ensure that the agreement is legally binding on […]