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Forum: Terms and Endearment

20th Jun 2020, 14:09

Replies: 2,093

IAG: BA restructuring may cost 12,000 jobs

Views: 1,854,348

Posted By CaptainSensible

I meant since it’s been frozen. 1992 £30K should...

I meant since it’s been frozen. 1992 £30K should be nearer £52K today.

Forum: Terms and Endearment

19th Jun 2020, 16:47

Replies: 2,093

IAG: BA restructuring may cost 12,000 jobs

Views: 1,854,348

Posted By CaptainSensible

Wasn’t aware of that, thank you. Now just need...

Wasn’t aware of that, thank you. Now just need HMRC to adjust the amount of redundancy allowable to be tax free in line with RPI. Not holding my breath though!!

Forum: Terms and Endearment

19th Jun 2020, 09:31

Replies: 2,093

IAG: BA restructuring may cost 12,000 jobs

Views: 1,854,348

Posted By CaptainSensible

’Last week with the assistance of BALPA, an...

’Last week with the assistance of BALPA, an agreement was obtained with HMRC to allow the payment of PILON free of taxation. The fact of this agreement, will we understand allow substantial savings...

Forum: Terms and Endearment

18th Jun 2020, 21:44

Replies: 2,093

IAG: BA restructuring may cost 12,000 jobs

Views: 1,854,348

Posted By CaptainSensible

When I took redundancy from BT in 1992 the tax...

When I took redundancy from BT in 1992 the tax free element allowed then was £30,000. Today after taking into account inflation that figure should be nearer £52,000. Fiscal drag I think they call it....

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