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Gardening Leave

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tarot
Posted by
Senior Member

05 Feb 08 #12919 by tarot

Topic started by tarot

Is "gardening leave" something that is put in the pot when going through form E? (approx. 10k)usual monthly pay £1800

Gardening leave for those who have never heard of it is when a company pay you your notice period but you are usually asked to leave the company premises and are not allowed to start working for someone else until the "gardening leave" expires - or something similar to that

Monitor441
Platinum Member

05 Feb 08 #12920 by Monitor441

Reply from Monitor441

I always thought gardening leave was income for your notice period paid as a lump sum.

I don't think it would be classed as an asset as it is what you have to live on whilst you can't work.

It is different from redundancy as that is a lump sum as compensation for no longer having a job and that is normally classed as a marital asset

Mon

ariesgirl63
Premium Member

05 Feb 08 #12925 by ariesgirl63

Reply from ariesgirl63

It just means you receive your usual salary but have to stay away from work during the notice period.

I can't see why it would be classed as anything other that usual monthly income.

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