OPEN - ESDS

POST OFFICE GIRO
PRIVATE SICKNESS
SCHSHES
RATES
~TES REBATE
,,
REDUNDANCY PAYFISN
R~T ALLCS?ANCE
RRsT REBATE
Thxs is also kncwn an National Giro. When making a
payment by Giro, the GirO account holder either fills In a
transfer form and tranmfern,,, ~ney frOm his account to
another Giro account, or he ms)t~~ uee of a standing order
to another Giro account. Apart from these two m?thods lt
is alao posalble to make payments to a non-Giro account
holder on a Giro cheque. Giro cheques can be cashed by
non-Giro account holders at a post of f>ce or paid into
bank accountn.
There is alno a Post Office Giro deposit account,
Private sickness schemes can h run on a commercial basis
or on a private baaia by workera in an undertaking. Eg,
Hospital Savings Association, Insurance Coupaniea.
~taa ara a tax on ● ll kinds of property (couurercial and
private) le tied by and paid to the Local Authority. The
money from ratea -es twar& paying for local ● er vi cea of
tarious klnda. The amount paid in rate# dmpen& on the
rateable wlue of the property and the amount in the pound
which “the council decides to levy in a particular year.
Some people with lW incomes who are liable to pay rates
MY 9et relief tWardS paYin9 them by the Local Authority.
Owner occuplars or tenants may qualify for this. The
amount of rebate depends on the income of the person
claiming, the size of their family and the Amount they pay
in rates. The rebate can take the form of a refund or a
reductLon of the rates payable. There may be variations
on this in >n&vidual circumstances, (SEE ALSO HOUSING
BENEFIT) .
TS - Under the Redundancy Payments Act 1965, an employer is, in
most clrcumatances, legally obllged to pay a minimum lump
aum in redundancy money to any employee who ie made
redundant after working continuously for the employer for
at leaat two years.
The amount of the payment depends upon the age of the “
person when he is made redundant; the number of completed
years sertice (over the age of 18) and the weekly earn~ngs
at the time of redundancy. Redundancy payments under the
Redundancy Payments Act are distinct from saverance pay or
money in lieu of notice.
A benefit administered by tlm L.ocal Authority for private
tananta to help with paying their rent. TO qualify, the
income of the family haa to ba tilcu a certain lew!l. The
amount of the ● llowance depends on the size of the f anu 1 y
and the. amount paid in rent and income recei w!d. The
allowance takaa the form of ● caah amount. (SEE ALSO
HOUSING BENEFIT) .
A benefit administered by the Local AuthoritY for council
tenanta to help with paying the rent. TO qualify, the
income of the family has to b klcu a certain level. The
size of ‘ the rahate dependa on the number in the family,
the amount paid in rent and incoma receiw!d. The rebate
takes the form of a reduction in rent. (SEE ALSO HOUSING
BSNEFIT) .
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