Just a quick question. I have not taken my full holiday entitlement for the current year and we have a system whereby I can "sell" up to 3 days holiday. Because of the way this is calculated (3/365ths of annual pay) and after tax it will probably be less than £100 but I still intend to do it as I don't need the holiday (and would end up spending more than at work!). The question is would this be treated as a) a windfall and all handed over to creditors or b) bonus and treated by the 50% provision or c) neither of these and I keep it all?
Hi
I think that it will be classed as a windfall and usually windfall clauses do not kick in until they are above £500.
At the end of the day it will be down to how your IP interprets it.
Regards
It would be unfair to take any of this money from you. You are getting paid for not taking your holiday - but I would suggest that you take yoru full entitlement next year.
