What is Covered on the Day?
Redundancy Payments Acts
- Who is covered by this Act and who is not?
- When does a redundancy situation arise?
- What are employers obliged to do and what are their employee’s entitlements?
- How are statutory redundancy payments calculated?
- What is reckonable service and what is excluded in calculating reckonable service?
- How does “Short-time” and “Lay-off” affect redundancy?
- What is a Collective Redundancy?
- What are the tax implications of making a termination payment?
- What are the Revenue reporting requirements?
- What exemptions apply?
- How to calculate how much of a termination payment is exempt from income tax.
- How to avoid overpaying PRSI on termination payments.