Usually there is a tax indemnity in a compromise agreement, meaning if Her Majesty’s Revenue & Customs (formerly Inland Revenue) makes claims for penalties from an ex-employer, the ex-employee has to indemnify the ex-employer for any taxes due. This would apply if for example, there has been a miscalculation of taxes payable under the compromise [...]
Entries Tagged as 'Compromise Agreement'
Employment Law, Indemnity, Tax, Compromise Agreement
January 11th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, HMRC, Indemnity, Independent Legal Advice, Redundancies, Redundancy, Redundancy law, Taxation
Employment Law, Redundancy, Compromise Agreement, Disciplinary Procedure
November 3rd, 2011 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Redundancies, Redundancy, Redundancy law
Some employees are faced with the decision whether to go through a disciplinary procedure or take a compromise agreement. The seriousness of the action that has led to this situation has to be weighed up by the employee before deciding on whether to take a compromise agreement as the employee forfeits all rights to pursue [...]
Tags: Compromise Agreement·Disciplinary Procedure·employment law·Redundancy
Employment Law, Compromise Agreement, Independent Legal Advice
October 27th, 2011 · No Comments · Adviser's Certificate in Your Compromise Agreement, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Redundancies, Redundancy, Redundancy law
Some employees are still misunderstanding what it means to take independent legal advice on a compromise agreement. What this means is that the employee has to receive independent advice from a solicitor on the implications of signing a compromise agreement before the employee signs the compromise agreement. If you require further information about redundancy law, [...]
Tags: Compromise Agreement·employment law·Independent Legal Advice
Post-termination Provisions in Employment Contracts, Compromise Agreement
October 21st, 2011 · No Comments · Breach of Confidential Information, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Non Solicitation, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Restrictive Covenants, Signing Compromise Agreements
Even when an employee is signing a compromise agreement, the employee should always refer to the post-termination provisions in the employee’s employment contract. If in doubt seek advice on employment law. If you require further information please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law: http://www.rtcoopers.com/practice_employment.php http://www.rtcoopers.com/faq-redundancyemployee.php http://www.employmentlawyersinlondon.com/video.php http://www.employmentlawyersinlondon.com http://www.compromiseagreementlonuk.com/ © [...]
Tags: Compromise Agreement·Post-termination Provisions in Employment Contracts
Employment Law, Compromise Agreement, Disciplinary, Negotiation, Dismissal
October 13th, 2011 · No Comments · Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Grievance, Independent Legal Advice, Legal Fees, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Negotiating a Settlement, Offer from your employer, Payment Terms, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Termination of Employment, Termination Payment
Where an employee has accepted a compromise agreement instead of going through a disciplinary procedure, we have found that employers are less accommodating on certain points of the offer. It is down to hard negotiations and whether the employee really wants to incur such costs for negotiations. In saying that, however, there are key points [...]
Tags: Compromise Agreement·Disciplinary·Dismissal·employment law·Negotiation
Employment Law, Compromise Agreement, Signed Original Copies, Redundancy Payment, Adviser’s Certificate
October 11th, 2011 · No Comments · Adviser's Certificate in Your Compromise Agreement, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Redundancies, Redundancy, Redundancy law, Signing Compromise Agreements
Employers will not pay any redundancy payments unless they have received signed original copies of compromise agreements with the accompanying advisers’ certificates included. Although it is usual practice to return electronic copies to employers they tend not to pay compensation payment unless they receive original compromise agreements. This must be taken into account by employees [...]
Tags: Adviser's Certificate in Your Compromise Agreement·Compromise Agreement·employment law·Redundancy Payment·Signed Original Copies
Compromise Agreement, Redundancy, Employment Law, Negotiating Terms
September 26th, 2011 · No Comments · Breach of Confidential Information, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Job Offer, Post Termination Restrictions after Signing a Compromise Agreement, Redundancy
Following our entry below, we have found that those working within creative industries where prospective employers would need to see examples of previous work, may wish to agree with current employers a list of projects they are able to keep as part of their portfolio. As below, this can conflict with your confidentiality obligations. This [...]
Tags: Compromise Agreement·employment law·Negotiating Terms·Redundancy
Compromise Agreement, Redundancy, Employment Law, Negotiating Terms, Restricted Clients
September 16th, 2011 · No Comments · Advertisement of Post after Redundancy, Breach of Confidential Information, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors
It is highly advisable that senior executives of companies facing redundancy agree a list of ‘restricted clients’ with their employers wherever possible, when negotiating the terms of their compromise agreements. This list should contain clients that the employees have had direct dealings with. It therefore makes it easier for such senior executives to know which clients are [...]
Tags: Compromise Agreement·employment law·Negotiating Terms·Redundancy·Restricted Clients