From 6th April 2017, the financial limits for awards made in employment tribunals and statuary payments will rise to record highs.
Maybe you are thinking of selling the company or simply shutting up shop and retiring, but in either case, if you employ people there are some costs you need to factor into your plan.
It’s a sad scenario, but unfortunately, one of Santa’s eldest elves is getting on a bit. He’s now struggling to carry presents around the workshop and he just isn’t as quick as the rest of his colleagues when it comes to building toys, wrapping them and packing them on to the sleigh. But, what are Santa’s rights when it comes to weeding out those elves that don’t cut the mustard?