Termination and Redundancy Payments
Half day workshop (Ref: TRW09w) :: Price - £197 + VATDelegates limited to 12
Workshop Aims
Probably one of the most contentious areas employers have to contend with is the calculation of termination packages and determining whether the payments should be subject to tax and/or National Insurance. This intensive practical workshop explores all of the differing types of payments including statutory entitlements thereby enabling delegates to make payments that are compliant with employment, tax and NI legislation.
Who would benefit?
Anyone in payroll, HR or management who is making employees redundant or dismissing employees and wants to avoid costly penalties from HMRC because of incorrect tax and NI treatment of termination payments.
Course Content
The programme includes:
- The different types of payments
- Calculating entitlement to Redundancy payments
- Determining the tax & NI status of each element of the package including:
- Occupational & Statutory redundancy pay
- Compromise Agreements
- Pay In Lieu of Notice
- Pension contributions
- Damages for breach of contract
- Tribunal awards
- Restrictive covenants
- Benefits provided after leaving
- Ex-Gratis payments
- Payments made on retirement, death or injury
- Occupational & Statutory redundancy pay
- Reporting Termination payments
- Calculating the tax and NI liability
At the end of the workshop, delegates will be:
- Appreciate the importance of identifying the tax and NI liability of payments correctly
- Be confident of their ability to put the principles they have learned into practice.
Dates & Venues
New dates and venues for this course will be announced soon.
In the meantime, any of our courses can be delivered in-house or tailored with our pick 'n' mix options to meet your specific needs.
Call our office on 01295 225500 for more details.
To receive a copy of our new prospectus as it becomes available visit the contact us page.