Settlement Agreement Solicitors in Kent & South East London
Aletta Shaw's employment solicitors advise employees on settlement agreements, checking the terms are fair, explaining what you are giving up and negotiating a better deal where possible. Employers usually contribute to your legal fees, so our advice often costs you nothing.
Key fact: A settlement agreement is only legally valid if you have taken independent legal advice on its terms, and employers normally contribute towards the cost of that advice.
A settlement agreement is a legally binding contract that can end an employment dispute, and it is only valid if you have received advice from an independent adviser. Source: gov.uk.
Frequently asked questions
What is a settlement agreement?
It is a legally binding contract where you agree to waive certain claims against your employer, usually in return for a payment. You must take independent legal advice for it to be valid.
Do I have to pay for advice on a settlement agreement?
Usually not. Employers normally contribute to your legal fees, and in many cases that contribution covers our advice in full, so it costs you nothing.
Can I negotiate the terms?
Often, yes. We assess whether the offer is fair and, where appropriate, negotiate a better financial package or improved terms such as a reference.
Is my settlement payment tax-free?
The first £30,000 of a genuine termination payment can usually be paid tax-free, but notice pay and other elements may be taxable. We explain how the payment is treated.
Speak to Aletta Shaw Solicitors for a free initial call on 020 8301 4884, or book a consultation. Offices in Bexleyheath, Blackheath, Petts Wood, Tunbridge Wells and St Katharine Docks.