Changes to the reference period used to calculate the rate of holiday pay following redundancy (for those with variable weekly pay): Redundancy Payments Service process This article is to provide details on how insolvency practitioners should submit the secondary rate of pay for holiday pay to the Redundancy Payments Service..
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Changes to the reference period used to calculate the rate of holiday pay following redundancy (for those with variable weekly pay) The reference period applied to calculations for holiday pay only has been extended from 12 weeks to 52 weeks. This reference period change applies to all employees with variable..
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Jobseeker’s Allowance (JSA) has been increased for the first time in five years as the benefits freeze comes to an end. From April 2020 the changes to contribution-based JSA are as follows: Personal rates Previous Rates 2019 (£) New Rates 2020 (£) Under 25 57.90 58.90..
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As uncertainty increases around Coronavirus in the UK, we at CFS Redundancy Payments would like to reassure all of our clients and contacts that it is business as usual at CFS and we will continue to operate as we always do and remain fully accessible to all. Having our robust..
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The opening hours for the Redundancy Payments Service (‘RPS’) 0330 331 0020 Helpline have changed. The new times are as follows: Monday – 9am – 5pm Tuesday – 9am – 5pm Wednesday – 9am – 5pm Thursday – 9am – 5pm Friday – 9am – 1pm RPS can also be contacted..
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The Employment Rights (Increase of Limits) Order 2020 With effect from 6 April 2020 the statutory limit one week’s pay for the purpose of calculating a redundancy payment increases from £525 to £538. A copy of the above relevant statutory instrument is available at the following web site address: http://www.legislation.gov.uk/uksi/2020/205/made
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The new National Minimum Wage being introduced this year will see low-paid workers earn almost a thousand pounds more per year. The new rate of pay will come into effect on 1 April 2020, with a rise from £8.21 to £8.72 for workers over the age of 25, marking an increase of..
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The Redundancy Payments Service (RPS) has advised of a recent change in the way that Compensatory Notice Pay (CNP) awards are calculated. Any money earned from a new job, started within the notice period, will be deducted and the calculations for this are now based on the weekly/monthly/yearly salary that..
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Following the system upgrades at the Redundancy Payments Service (RPS) in March 2019, Insolvency Practitioners were asked to provide any updates to information on previously submitted RP14A’s by email, however RPS have recently advised that this is no longer the case. Where information on an existing claim has changed or..
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Dear IP – September 2019 You will be aware that in March 2019 we introduced new case management and payments systems for Redundancy Payments Service. The past six months have been particularly challenging as the systems did not initially land as smoothly as we would have hoped due to several..
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