Businesses will always seek to protect themselves against additional tax that HM Revenue & Customs may assess due, by including a tax indemnity clause in the settlement agreement.
The tax indemnity is a promise by the employee to make good the loss sustained by the employer (relating to tax payments) and to compensate the employer for such loss.
Settlement agreements may run to several pages in length. Each settlement demands a tailored agreement, however the following key clauses are typically included:
When are they used? What is in them? Use our guide to understand more about settlement agreements
Depends on a variety of factors. We will advise about the particulars of your situation and explain how much compensation is appropriate
Is a settlement agreement offered when employees are redundant? Find out more on our redundancy pages
We seek to address your legal needs in a way that suits you. For certain matters we can offer a fixed fee arrangement. Learn more about costs with Aeon settlements
Discover more about the terms that the employer will include in the settlement agreement.