From: didds2@excite.com (Ian Diddams)
Newsgroups: uk.consultants uk.finance
Subject: Re: redundancy levels advice
Date: 19 Apr 2004 11:27:55 -0700

"Robin Graham"  wrote in message news:...
> Redundancy payment is actually a technical term and the calculation of it is
> under statutory control. However, you may wish to pay more than the
> statutory amount, and there's nothing to stop you.


quote from the IR :

"Mrs X is entitled to statutory redunadancy pay which I have estimated
to be ŁA (based on her previous year's salary - computation enclosed)
which is an allowable deduction ....  However I cannot see that there
is any commercial reason for the payment of the remaining ŁY"

So the IR is trying to say that all that can be paid is SRP.


Would we all agree that they are being perchance a trifle economic
with the truth?

A client a couple of years ago made people redundant that had worked
for them for no more than one full year - and paid them thirteen times
the rate of SRP (3 months v 1 week) ...  and some of them would have
had zero SRP I suspect.  So how was that a "commercial reason" ?

ian