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Annual Increase to Tribunal Awards

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Hot off the press, the annual increase to the limits on tribunal awards have been published. They take effect as of the 1st February 2003 (for unfair dismissal claims, this is for all claims where the EDT is on or after 1st February 2003 rather than the date of the tribunal hearing).

The main increases are:

Current From 1st Feb 2003
Maximum amount of "a week's pay" (for the purpose of 
calculating, inter alia, the basic award or 
redundancy payments) £250 £260

Maximum compensatory award £52,600 £53,500

Minimum basic award in prescribed situations
(eg trade union related dismissal) £3,400 £3,500

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