Voluntary Redundancy And Settlement Agreement

Do I need independent legal advice before signing a settlement agreement? How much would it cost and how can I pay for it? This article specifies whether and how a better severance pay than the remuneration possibly offered can be negotiated and whether the payment can be made as part of a broader compromise agreement (former compromise agreement). It also offers additional help and practical advice on what to do if you are facing redundancy or have recently been laid off. If you believe that this is not an actual dismissal, you must inform your employer that if the payment is not increased, you will be seeking unfair dismissal. Generally speaking, however, if you sign a settlement agreement, you should consider that it puts an end to everything that has happened between you and your employer and that you cannot assert any type of claim against it. In general, the tax status of a payment you receive does not depend on whether or not a transaction agreement is signed. Some payments are taxable. Others are not.. . .