What about a Cadillac?

What about a Cadillac?

My son Chris turned 17 last month.

Which is mildly terrifying, not just because it only feels like yesterday, he was starting school, but because it means he’s now the proud owner of a provisional driving licence.

We’re currently in the process of arranging driving lessons, as well as looking for a car for him to practise in, with me peeking through my fingers in the passenger seat.

Luckily (for me), he’s a pretty prudent saver, which means he’s got the money to buy one, so since Easter, he’s been on the hunt for the perfect first car.

His main criteria?  Big screen to “manage” the car and Bluetooth.

Mine?  Good safety rating and reliable.

He’s spent endless hours scrolling on AutoTrader, sometimes coming up with genuine, sensible suggestions, and other times asking about Cadillacs.

In the end though, we settled on a model – the Hyundai i10 – and he found a good value one.

Only snag?  It was in Peterborough.

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Your invalid agreement

Your invalid agreement

We’ve had a rash of settlement agreements to draw up recently.

Usually, we’re asked to do these because the business doesn’t want to go through a lengthy redundancy process before possibly parting company.

However, the struggle is usually getting the business to understand that they are not just paying the employee their notice to go.

They have to pay them more than that (sometimes much more) as they’re actually paying them for giving up their right to sue the business.

And you have to pay tax and NI on notice periods, even under a settlement agreement.

So, to work out how much you should be paying, as a minimum, you need to pay them their notice period PLUS what they would have got if they had been made redundant PLUS a sum for giving up their right to sue you.

This only works as a ballpark figure if we are talking about unfair dismissal – if it’s discrimination, then you really need to be willing to offer at least one year’s pay.

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