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Redundancy support for employers and individuals

Economic conditions such as those created by the COVID-19 health crisis, mergers or a change in business operations can lead to difficult decisions about staff redundancies.

Support for employers

Redundancy process and guidance

Redundancy: Library resources

The legislation dealing with redundancy can be complex. On this page you can find ICAEW insights alongside eBooks, articles and online resources providing practical guidance and best practice.

CABA Redundancy Legal Advice

CABA provides lifelong support to past and present ICAEW members, ACA students, ICAEW staff, and their close family members. If you have a legal query relating to employment law, their confidential and independent telephone advice from LawExpress can provide help.

Accounting and tax

Taxing termination payments

Updated 20 May 2020: Sarah Bradford, director at Writetax Ltd, explains the new rules regarding taxing termination payments applying from April 2018. She covers termination awards, post-employment notice pay and statutory redundancy pay among other things.

Support for individuals

Guidance

CABA Redundancy Legal Advice

CABA provides lifelong support to past and present ICAEW members, ACA students, ICAEW staff, and their close family members. If you have a legal query relating to employment law, their confidential and independent telephone advice from LawExpress can provide help.

Furlough and redundancy

Guidance from the government for people furloughed under the Coronavirus Job Retention Scheme and subsequently made redundant due to their employer becoming insolvent.

Citizen's Advice on redundancy

Information on redundancy, including reasons that would be considered reasonable or unfair, notice periods and pay.

Insolvency and redundancy

Government information on workers' rights if an employer is insolvent, applying for money owed and how to contact the Redundancy Payments Service.

Well-being

CABA Coping with redundancy

Even if you have seen it coming, redundancy is often a shock. CABA has a range of career development services and provides lifelong support to past and present ICAEW members, ACA students, ICAEW staff, and their close family members.

CABA Financial assistance

CABA services are available to ICAEW members, ACA students and their families. You can speak to CABA for free, confidential advice.

Money Advice Service

The Money Advice Service provides guides, tools, calculators and support.

Money and Mental Health

The Money and Mental Health charity conducts research and looks at policy solutions in relation to financial difficulties and mental health.

StepChange

The StepChange charity provides information on debt management.

Finding a job

ICAEWJobs

Search for your next accountancy or finance role. Use your ICAEW member log-in details to sign in.

Changing landscape of job hunting

Hear from expert recruiters on the impact this pandemic has had on the job market, and gain tips on how to job hunt during COVID-19.

Job hunting

You’ll learn how to become an effective job hunter and find jobs that are never advertised. You can even practice psychometric tests and assessment centre activities before your big day.

CABA Finding a new role

CABA has a range of career development services, including when you are looking for a new role.

Upskilling

ICAEW Communities

Information, insights, guidance and networking opportunities on a range of industry sectors, professional specialisms and at various stages throughout your career.

CABA Career Development

CABA has a range of career development services including career coaching that can help smooth your return to work.

Nurture your growth and learn

In response to the ever-changing business landscape ICAEW Academy has created a range of virtual learning that delivers on-going cpd support to keep you connected. We are offering members a 75% reduction on our entire academy virtual learning courses, with the added bonus of a free leadership series – leading remote teams.

This information is for general guidance only and does not constitute advice. You should always seek professional advice for your personal circumstances.

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