Tax

Settlement agreements and payments in lieu of notice

  Receiving a payment in lieu of notice in your settlement agreement means that your employer pays your salary, and perhaps also benefits, for your notice period, but you do not have to work during that time. ‘In lieu’ means ‘instead of’ in French . For example, if an employee has a three month notice   …Continue Reading

Ex gratia payment

  ‘Ex gratia payment’ is a commonly used term in settlement agreements & employment disputes, but obviously it is not a common term in the English language. If you’re reading this you probably have a number of questions about a possible settlement agreement ‘ex gratia’ payment. To calculate roughly how much your ex gratia payment   …Continue Reading