hardtimes09
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He is worried that if he doesn't take this offer that its only a matter of time before he is made redundant anyway and will only get statutary redundancy which will only be worth about 5,000.
Hi everyone,
He is worried that if he doesn't take this offer that its only a matter of time before he is made redundant anyway and will only get statutary redundancy which will only be worth about 5,000.
Assuming he has not claimed before he will get an increased exemption of 20,160 + 765 for each year of service, so it is effectively tax free.
The voluntary redundancy will not affect his JB. If he is studying, he won't qualify for JB as he is not available for work.
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