Payment in Lieu of notice

  1. 03-11-11, 11:50 AM #1
    Modan Modan is offline Junior Member
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    Default Payment in Lieu of notice

    Hi, if I am making someone redundant and dont expect them to work their notice period but will pay them PILON is this amount taxable?

    Thier final date of employment will be the day they leave.

    thanks
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  2. 03-11-11, 12:50 PM #2
    Jarndyce Jarndyce is offline Expert Advisor
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    Default

    It depends whether the employee's contract allows you to pay PILON or not.

    Termination payments and benefits: payments in lieu of notice (PILONs) and gardening leave: general

    (Any employment law and legal advice I submit to Redundancy Forum is given in good faith without any further liability or obligation).
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