Employment Law Roundup April 2018 – Employment Law is Changing on 6 April 2018
There are three important changes to take effect as of 6 April 2018:
- The maximum compensatory award for unfair dismissal will increase to £83,682.
- Any and all payments in lieu of notice whether or not contractual will be taxable and subject to class 1 national insurance contributions, this will apply to payments made in lieu of notice under settlement agreements.
- The maximum week's pay to calculate the basic award for unfair dismissal and redundancy pay will increase to £508 a week.
Please visit our website for any advice on Settlement Agreements or you may contact us by email [email protected].
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