Equity Release – Your Top 10 Questions Answered In our Residential Conveyancing department we are often asked by our clients to give them advice when they are considering Equity Release Schemes. In this Blog, Arlie Asbury, one of our Licensed...
Annual Inflation-Linked Changes in Tribunal Awards
The Employment Rights (Increase of Limits) Order 2017, which details the annual inflation-linked changes in limits on the compensation amounts which can be awarded by employment tribunals, will apply where the appropriate date falls on or after 6 April 2017.
The main changes are:
- The maximum amount of a week's pay for the purpose of calculating a redundancy payment, or for various awards including the basic or additional award of compensation for unfair dismissal, increases from £479 to £489;
- The minimum amount of compensation where an individual is found to have been unlawfully excluded or expelled from a trade union increases from £8,939 to £9,118; and
- The statutory maximum compensatory award for unfair dismissal increases from £78,962 to £80,541.
There is no statutory cap on the amount a tribunal can award in discrimination cases.
Click here for full details of the changes.