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  2. Safeway Stores plc v Burrell - Wikipedia

    en.wikipedia.org/wiki/Safeway_Stores_plc_v_Burrell

    Furthermore, a business reorganisation is interesting factual background, but its fact does not answer the two stage question of redundancy. The contract versus function test debate is predicated on a misreading of both the statute and the cases of Nelson and Cowen v Haden Ltd … the applicant/employee’s terms and conditions of employment ...

  3. Incurred but not reported - Wikipedia

    en.wikipedia.org/wiki/Incurred_but_not_reported

    In insurance, incurred but not reported (IBNR) claims is the amount owed by an insurer to all valid claimants who have had a covered loss but have not yet reported it.. Since the insurer knows neither how many of these losses have occurred, nor the severity of each loss, IBNR is necessarily an est

  4. Bank of Credit and Commerce International SA v Ali - Wikipedia

    en.wikipedia.org/wiki/Bank_of_Credit_and...

    BCCI, once the world's 7th largest bank, had gone insolvent after mass fraud because of the stigma. However, Naaem and other employees had signed a release form saying the redundancy pay was ‘in full and final settlement of any claims... of whatsoever nature that exist or may exist’. BCCI argued Naaem was bound.

  5. Redundancy Payments Act 1965 - Wikipedia

    en.wikipedia.org/wiki/Redundancy_Payments_Act_1965

    The Redundancy Payments Act 1965 (c. 62) was an act of the Parliament of the United Kingdom that introduced into UK labour law the principle that after a qualifying period of work, people would have a right to a severance payment in the event of their jobs becoming economically unnecessary to the employer. The functions of the redundancy ...

  6. Here are the biggest retirement changes coming in 2023 - AOL

    www.aol.com/finance/biggest-retirement-changes...

    For 2023, IRA deductions for singles covered by a retirement plan at work aren't allowed the deduction after their modified adjusted gross income (MAGI) hits $83,000, versus $78,000 in 2022.

  7. Taxes 2023: Here are the biggest tax changes this year - AOL

    www.aol.com/finance/taxes-2023-biggest-tax...

    The Inflation Reduction Act signed into law in August of last year provided a few new tax breaks that filers could take advantage of in the 2022 tax year. Increased credit for solar energy products

  8. 2023 Tax Updates: What Changes Can You Expect in the ... - AOL

    www.aol.com/2023-tax-updates-changes-expect...

    For married couples filing jointly, the amount is $126,500 and begins to phase out at $1,156,300, up from $118,100 and $1,079,800, respectively, in 2022. The tax year 2023 maximum Earned Income ...

  9. Transfer of Undertakings (Protection of Employment ...

    en.wikipedia.org/wiki/Transfer_of_Undertakings...

    It is an important part of UK labour law, protecting employees whose business is being transferred to another business. [3] The 2006 regulations replace the old 1981 regulations (SI 1981/1794) which implemented the original Directive. [4] The law has been amended in 2014 and 2018, and various provisions within the 2006 Regulations have altered. [5]