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The latest articles from Redundancy Claims UK.
Can a creditor place my company in liquidation?
Friday 1st May, 2020
If your company is experiencing serious financial difficulty, it’s possible that a creditor could attempt to place it into liquidation.
My accountant didn’t tell me about my redundancy claim
Wednesday 29th April, 2020
It’s not widely known, but as a limited company director you may be eligible to claim redundancy if your company enters liquidation.
Differences between voluntary and compulsory liquidation
Friday 24th April, 2020
If you find yourself at the stage in life where your business is due to face closure as a result of burdening debt and creditor pressure, or it has naturally reached finality due to director retirement, the closure process will vary, as well as your right to claim redundancy pay.
Should a director be paid dividends or PAYE?
Saturday 18th April, 2020
A limited company is a separate legal entity to its directors, which in contrast to a sole trader business, means that profits belong to the company.
What is an RP1 form in redundancy?
Tuesday 7th April, 2020
Form RP1 is used to claim redundancy pay and other statutory entitlements including pay in lieu of notice, holiday pay, and arrears of wages.
My company is insolvent but I cannot afford an insolvency practitioner
Monday 30th March, 2020
It is unavoidable that company liquidation does come with a cost attached. As part of the liquidation procedure, a company’s assets will be sold, or ‘liquidated’, by the appointed insolvency practitioner in order to raise as much money as possible with which to settle the business’s liabilities.