Redundancy


T

Tony

Hello,
Is it necessary to inform Inland Revenue that I've been made redundant?

TIA
 
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A

Alex Butcher

Hello,
Is it necessary to inform Inland Revenue that I've been made redundant?
My employer did that for me. Note that you'll probably want to sign on
ASAP so that your NI stamp continues to be paid. Depending on your means,
you might even be entitled to some of the money you've paid into the
system over the years. ;-)
Best Regards,
Alex.
 
A

Andy1973

Not only will signing on cover your NI, but you should find that in cases of
redundancy you are entitled to immediate payment (from the 4th day) of Job
Seekers Allowance, a princely sum of £55.65 a week.
 
J

Jonathan Bryce

Tony said:
Hello,
Is it necessary to inform Inland Revenue that I've been made redundant?
They'll find out when they get your P45.
 
C

Chris

Tony said:
Hello,
Is it necessary to inform Inland Revenue that I've been made redundant?
Slight deviation from topic...

but if you are made redundant because your employer wound up and is
insolvent my understanding is the DTI Redundency Payments Office picks up
the tabs for your statory redendency pay, lack of notice, unpaid wages pay
etc. What is the position if shortly after being made redundent a client
approachs you to work for the directly to complete the work you employer was
carrying out, does this affect the redundancy payout and does it make any
difference if you have 2 part time jobs and are made redundent from one in
the above situation and just start working fulltime in your other job.
 
S

sPoNiX

My employer did that for me. Note that you'll probably want to sign on
ASAP so that your NI stamp continues to be paid.
Speaking of which, between college and getting a job I went on an
extended holiday round Europe so there was a period of 6 to 8 months
where I didn't pay NIC's..however I didn't sign on either so didn't
cost the government anything. This was all about 15 years ago now.

Could I encounter problems at a later date? How do I check?

sPoNiX
 
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T

Terry Harper

Speaking of which, between college and getting a job I went on an
extended holiday round Europe so there was a period of 6 to 8 months
where I didn't pay NIC's..however I didn't sign on either so didn't
cost the government anything. This was all about 15 years ago now.

Could I encounter problems at a later date? How do I check?
Go to http://www.thepensionservice.gov.uk/ and then click on "State Pension
Forecast" on the left. That should tell you all you need to know, and how to
get the information. Look for "How do I apply" about 2/3rds of the way down
the page.
 

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