19 articles tagged with Redundancy.
Statutory notice periods, PILON tax treatment, garden leave rights, the £30k tax-free threshold for termination payments, and how settlement agreements work in 2026.
How settlement agreement payments are taxed in 2026 -- the £30,000 tax-free exemption, PENP formula for notice pay, payments in lieu of notice, and PILON tax rules.
At 55 (rising to 57 from 2028) you can access a private pension alongside a redundancy payment. The tax interaction between redundancy pay, pension withdrawals and the MPAA in 2026/27.
PILON is taxed differently from the statutory redundancy payment itself. How Payment in Lieu of Notice is treated for tax and National Insurance in 2026/27, with worked examples.
Some employers offer to split a large redundancy payment across two tax years or two instalments. Whether this genuinely reduces the tax owed, and the rules that determine when it works, in 2026/27.
Can you be made redundant during a probation period in the UK? What statutory redundancy pay, notice pay and protections apply — and which don't — for employees dismissed while still on probation in 2026.
Fixed-term employees have almost the same statutory rights as permanent staff, plus specific protections against less favourable treatment and against repeated renewals. Here's the full picture for 2026.
Employees on maternity leave (and now extended protected periods) get priority over other employees for suitable alternative vacancies during redundancy. Here's how the protection works and what a breach looks like.
When several employees do similar work, redundancy selection must use a fair pool and objective, scored criteria. Here's how the process works and what makes a selection unfair.
A UK settlement agreement is only legally binding if the employee gets independent legal advice — and the employer usually pays a tax-free contribution towards it. Here's how the exemption works.
The £30,000 redundancy exemption and the PILON tax rules explained for 2026/27 -- with worked examples showing how to structure a settlement to minimise your tax bill.
How is a payment in lieu of notice (PILON) taxed in 2026/27? Understand PENP, income tax, National Insurance and what lands in your pocket.
How redundancy pay over GBP 30,000 is taxed in the UK for 2026/27: the tax-free band, what counts as taxable, NI, PILON rules and how to cut your bill.
How settlement agreement payments are taxed in 2026/27: the GBP 30,000 exemption, what counts as taxable pay, PILON, NI rules and how to check your take-home.
How ET awards are taxed in 2026/27 -- basic award, compensatory award, injury to feelings, and PENP explained with worked examples.
How redundancy pay over £30,000 is taxed in 2026/27: the £30,000 tax-free exemption, why PILON and bonuses are fully taxable, and how the excess is taxed at your marginal rate — with worked examples.
Statutory Redundancy Pay 2026: £751 weekly cap, £22,530 maximum, tax-free up to £30,000. PILON tax rules, consultation rights and employer insolvency explained.
The £30,000 tax-free exemption, how statutory redundancy is calculated, PILON rules since April 2018, the PENP formula, settlement agreements, and NI changes from April 2020. Worked examples and 8 FAQs.
Statutory redundancy pay depends on age, length of service and weekly pay (capped at £719/week for 2025/26). Plus how enhanced contractual schemes work, the £30k tax-free rule, and what notice pay you also get.
