Employment Rights Act 1996: Primary legislation governing statutory notice periods, unfair dismissal provisions, and redundancy payment calculations
Equality Act 2010: Ensures protection against discrimination and requires severance terms to be non-discriminatory
Income Tax (Earnings and Pensions) Act 2003: Governs tax treatment of severance payments, including the £30,000 tax-free threshold for termination payments
National Insurance Contributions Act 1992: Addresses National Insurance Contribution implications of severance payments
ACAS Code of Practice: Provides guidance on proper procedures and requirements for settlement agreements
Data Protection Act 2018 and UK GDPR: Regulates handling of personal data and privacy considerations in severance agreements
Settlement Agreement Requirements: Covers independent legal advice requirement, adviser's certificate, and clear waiver of specific claims
Contractual Elements: Includes notice periods, garden leave provisions, post-termination restrictions, and confidentiality obligations
Financial Considerations: Encompasses payment calculations, tax treatment, payment timing, and benefits continuation/termination
Statutory Compliance Requirements: Covers statement of particulars, right to appeal, and collective consultation requirements where applicable
