Settlement Agreement Lawyers & Solicitors – Redundancy

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Being made Redundant, Loan, Repayment, Redundancy

November 16th, 2012 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Loan, Redundancies, Redundancy, Redundancy law, Your Compromise Agreement is a Binding Contract

The usual position if you are made redundant but received a loan from your employer sometime during your employment is as follows: The balance is payable and would normally be paid out of your salary. Ideally you would want this to be paid out of your salary because your salary is taxable.

If you need legal advice on being made redundant or the terms of your compromise agreement, please contact us at or visit one of the following pages on employment law:

© RT COOPERS, 2012. This Briefing Note does not provide a comprehensive or complete statement of the law relating to the issues discussed nor does it constitute legal advice. It is intended only to highlight general issues. Specialist legal advice should always be sought in relation to particular circumstances.

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