Utilising our years of insolvency experience we have developed a database of frequently asked questions.
In order to qualify for director redundancy, you must meet a set criteria.
The amount of redundancy you will be entitled to will be based on a variety of factors including your age, length of service, and the salary you paid yourself through the company.
At a time when money is likely to be tight, a redundancy payment could be a much-needed lifeline.
Director redundancy is similar to staff redundancy in that it provides a financial lifeline to individuals who have lost their job through no fault of their own.
Typically when a company makes redundancies, it is the responsibility of the company to pay for all redundancy costs.
Our FAQ’s cover different types of liquidation routes subject to the financial health of your business, company rescue options and director redundancy.
If you are considering liquidation for your company, taking expert advice at an early stage is crucial. At UK Liquidators, our team of licensed insolvency practitioners are committed to providing limited company directors with the help and advice they need to make an informed decision.
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