Waiting for the dreaded email/invite from HR and considering options. QQ- would exist payment be treated as redundancy/severance pay (ie. Tax free for first £30k) or payment in lieu of notice which is fully taxable?

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What level are you? It depends how they exit you. If they wanted, they could claim it as redundancy. Make clear your exit options are to our clients for some jeopardy.

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They won't claim it is redundancy, that is too expensive. The period of low chargeability will be a performance issue for which you can be fired with no additional costs to Accenture.

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OP can you give an update on what the severance offer was?

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Last round it was same as notice period (so 1+1 for those up to managers or 3+3 for SM and AD) . Notice period taxed normally, severance: first £30k tax free.

Who’s told you that it’s happening ?

A1- It's still tbc according to pl but I'm seeing the writing on the wall

Instead of waiting why don't you find another job

A2 Someone needs to either give you a hug or even better treat you the same way you are coming across and treat others.

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If you are being exited then you receive X amount of weeks of pay which is taxed as normal. It’s only redundancy where you get a decent pay out (which is only done as part of a consultation) and then the 30k tax free applies.

They play severance as incentive not to challenge the exit decision. In technology it's notice period which is taxed plus severance which has exemption. Trying to understand the consulting version

Sorry to hear. How long were you without a project for, and are you on a project now?

Hi, did you manage to find out any more detail?

Depending on original contract notice period and terms of departure, payment in lieu of notice is taxed and any severance on top is tax free up to £30k

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