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Help needed
JAMIE1_2
Posts: 1 Newbie
Hello,
I am being made redundant next week, the company I work for is looking at one of two options, they will either be :
1) Voluntary liquidation
or
2) Cease trading
I have been told by the redundancy helpline that if it is option 1, VL , then I will be able to claim the full amount owed to me through the goverment, but if it is option 2 I will have to take the company to an employment tribunal but if there is no money in the left in the pot ( so to speak ) I will not be able to claim any money.
The question I have is if the company just cease trading will HMRC put them into involuntary liquidation as the company still owes tax etc, and if that is the case will I still then be able to put a claim in for my money owed ?
I am worried sick about the fact if they just stop trading and I get nothing ?
If anybody could offer any help that would be great.
Thank
I am being made redundant next week, the company I work for is looking at one of two options, they will either be :
1) Voluntary liquidation
or
2) Cease trading
I have been told by the redundancy helpline that if it is option 1, VL , then I will be able to claim the full amount owed to me through the goverment, but if it is option 2 I will have to take the company to an employment tribunal but if there is no money in the left in the pot ( so to speak ) I will not be able to claim any money.
The question I have is if the company just cease trading will HMRC put them into involuntary liquidation as the company still owes tax etc, and if that is the case will I still then be able to put a claim in for my money owed ?
I am worried sick about the fact if they just stop trading and I get nothing ?
If anybody could offer any help that would be great.
Thank
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