I'm an in-house lawyer in tech and have been "told" to accept furlough leave from next week. The government's £2,500 will equate to about 30% of my normal salary and my employer is not offering to top it up. It's going to be a struggle for my family given our financial commitments.
I'm thinking it would be better to just hand in my notice and (presumably) take full pay for my 6-month notice period which is enough time to (hopefully) find a new job.
Really keen to hear what others would do in this situation... my head is spinning.
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*up to £30k
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FFS - all PILON is taxable and has been since April 2018...
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PILON is NEVER tax free anymore.
HMRC changed the rules a while back.
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My point is that a lot of people on here (NB NOT me) aren't particularly reliant on their salary to get by. They have substantial investments / private income, so could afford to live on £30k for half a year or so.
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Fair. I live on £0k salary and have done so for the last four years or so lol. I thought you were being sarcastic, my apologies.
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Wibble, that's not the same as what you said earlier or am I being thick and missing the point.
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PILON is taxable. I have been fired more than most. I should know.
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Yeah I though that too Rue hence taking the point
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LA, I would expect it was always taxable if you were actually fired. Being made redundant is a different story.
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no. Pay in lie of notice is now always taxable in all cases no matter what.
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Send the lame dame Lady Justice Sharp on a sabbatical and study leave. See 'Suicide' link on:
https://www.ladyjusticesharp-coverup.com.
Judicial misconduct.
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Wibble seems to have done a screeching, nay shuddering, 180 degree turn in the space of about 1 hour...
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Bloody lawyers eh.
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No wibble just did not read the question properly before.
hth
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Bloody lawyers eh.
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OP why would you resign?
Just say no (fook all they can do without lay-off clause in your contract), wait for them to butcher some kind of redundancy over the next month, your notice period won’t start running for a month later and you’ll get the same money plus a redundancy payment and some decent leverage to get a bit more cos they will have fooked up the redundancy.
I had a client that was so pissed off at somebody saying no to a big furlough reduction that they are going to throw a huge pile of money at him AND give him a good claim because they think they are proving a point to the rest of the company. Madness.
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As an ex employment lawyer I’d just like to say “gr8 thread”
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Tbf Wibble was nailing it compared to lots of wierdly lame advice early in the thread.
But then he got a pretty fundamental point of law totally wrong then pivoted to ‘not having read the Q properly’ without a simple admission he got the Pilon tax changes wrong.
Wtf is it with lawyers and their total inability to admit error?
Even on an anonymous message board.
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Wibble is the long haired bloke who used to work at the animal named place up north yes? In which case I 100% buy the “I fooked up the reading” vs “I fooked up a simple PILON question”.
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Force majeure
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