Holiday Pay Calculations: Guidance for Insolvency Practitioners

July 27, 2020 (2)

Holiday Pay Calculations: Guidance for Insolvency Practitioners

27 Jul, 2020

Changes to the reference period used to calculate the rate of holiday pay following redundancy (for those with variable weekly pay): Redundancy Payments Service process This article is to provide details on how insolvency practitioners should submit the secondary rate of pay for holiday pay to the Redundancy Payments Service..

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RPS – Changes to Holiday Pay Calculations

27 Jul, 2020

Changes to the reference period used to calculate the rate of holiday pay following redundancy (for those with variable weekly pay) The reference period applied to calculations for holiday pay only has been extended from 12 weeks to 52 weeks. This reference period change applies to all employees with variable..

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