- The Budget 2018- The Chancellor announce on 29 October 2018 that first-time buyers in shared ownership homes will pay zero stamp duty on the first £300,000 of any home that costs up to £500,000 with immediate effect.
- Macmillan Coffee Morning 2018- At Parrott and Coales, we are proud to show our support for Macmillan and the incredible work they do providing practical, medical and financial support and pushing for better cancer care.
It is sometimes the case that an employer would prefer to agree settlement terms with an employee, rather than risk the employee issuing Court or tribunal proceedings, either following the employee’s dismissal or in other circumstances. If so, it is likely that the employer will want the employee to enter into a formal Settlement Agreement, previously known as a ‘Compromise Agreement’.
A Settlement Agreement is the only method by which an employee can validly give up their statutory employment rights. In order for the agreement to be valid, the employee must take legal advice on the terms and effect of the proposed agreement. Normally, therefore, the employer will agree to pay a contribution towards the employee’s legal costs for this advice.