Settlement Agreement Lawyers & Solicitors – Redundancy

Call: 0207 488 9947 or Email: enquiries@rtcooperssolicitors.com

Settlement Agreement Lawyers & Solicitors – Redundancy header image 2

Employment Lawyers – Payment in Lieu of Notice – Employment Solicitors – Compromise Agreements Solicitors

June 8th, 2010 · 2 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Consultation, Employment Lawyers, Employment Solicitors, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Payment in Lieu of Notice, Payment of Normal Salary, Payment Terms, Post Termination Restrictions after Signing a Compromise Agreement, Settlement Payment, Termination Payment, Without Prejudice Discussions, Your Compromise Agreement is a Binding Contract

Employees are constantly asking us whether their payments in lieu of notice (PILON) ought to be taxed. The answer is yes, theywill be taxed in the usual way plus national insurance will be payable. Any PILON will be included in an employee’s compromise agreement.

If you require further information please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law:

© RT COOPERS, 2010. 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.

Tags: ···

2 Comments so far ↓

Leave a Comment