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The latest articles from Redundancy Claims UK.

What happens to an overdrawn director’s loan account in liquidation?

What happens to an overdrawn director’s loan account in liquidation?

Friday 5th March, 2021
A director’s loan account (DLA) records transactions between a director and their company. This includes any initial investment made by the director, and all monies withdrawn from the business.
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Should a director pay themselves PAYE or dividends?

Should a director pay themselves PAYE or dividends?

Wednesday 3rd March, 2021
Limited company directors have a choice of ways in which to pay themselves. They can take a salary through PAYE, receive dividends throughout the year, or use a tax-efficient combination of the two.
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Company liquidation with unpaid CBILS – is the director liable?

Company liquidation with unpaid CBILS – is the director liable?

Monday 8th February, 2021
If your business has taken a CBILS loan and is struggling to survive with liquidation a possibility, you may be worrying about your liability as a director.
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Can IR35 contractors claim director redundancy?

Can IR35 contractors claim director redundancy?

Sunday 7th February, 2021
Contractors running limited companies can claim director redundancy if they meet the eligibility requirements & are free of common IR35-related complications.
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How to get a free quote for company liquidation

How to get a free quote for company liquidation

Wednesday 27th January, 2021
When your company enters insolvency and you fear liquidation may be the only option, it’s important to obtain advice from a licensed insolvency practitioner (IP).
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Understanding director liquidation liabilities

Understanding director liquidation liabilities

Thursday 21st January, 2021
Insolvency law in the UK requires company directors to fulfil certain obligations which can be scrutinised when a company enters insolvent liquidation.
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