From 29 July 2013, the upper limit on the unfair dismissal compensatory award was varied to the lower of 52 weeks’ pay and the annually fixed limit (currently £74,200). The new limit will apply only to cases where the effective date of termination is on or after 29 July 2013.

On 1 September the new “employee shareholder” status came into force. Guidance has been published by BIS and HMRC.