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When an employer pays an employee’s salary, and potentially benefits, for the equivalent duration of their notice period but, the employee does not have to work during this time. Put simply, an employer may decide to pay an employee the would have received during their notice period but not have them working in the business. Where PILON is paid, the employee would no longer be considered as employed by the employer.
A summary or list of relevant title deeds proving the ownership history of a property,…
A document used to confirm that a lender agrees that their already-registered charge (mortgage) will be ranked…
