Checklist: What Qualifies as a Genuine Redundancy Payment agreement Finance Supervisor

Finance Supervisor

Template: Without Prejudice Letter

HR Assistant

The laws relating to redundancies can be tricky and need to be fully understood before you go down this path

Checklist: What Qualifies as a Genuine Redundancy Payment agreement Finance SupervisorA genuine redundancy payment is a payment that you pay an employee who you have dismissed due to their position in the company becoming genuinely redundant. There are special conditions regarding redundancy payments, e. g. taxation, which means it is important to be sure. Use this checklist to assess the payment and ensure it matches the strict conditions to be a redundancy payment.