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 - 2016
The Employment Rights (Increase of Limits) Order 2016, 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 2016. The statutory maximum compensatory award for unfair dismissal will increase from £78,335 to £78,962 and 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, will increase from £475 to £479.
Full details of the changes can be found here.