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Company about to be liquidated....

Pinkypants
Posts: 1,337 Forumite


Reposted in correct section.
My boss hasn't paid the VAT, PAYE or NI for the past 4 years or so and it's finally caught up with him.
It's a limited company and sadly probably heading for liquidation.
Will I be entitled to redundancy from the government? Considering PAYE but mainly NI hasn't been paid. It's certainly been deducted from salary but not passed over to HMRC.
Also do I jump ship if I'm lucky enough to get employment elsewhere or hang out new employment in the hope of gaining some redundancy? Been working for company for 11 years.
My boss hasn't paid the VAT, PAYE or NI for the past 4 years or so and it's finally caught up with him.
It's a limited company and sadly probably heading for liquidation.
Will I be entitled to redundancy from the government? Considering PAYE but mainly NI hasn't been paid. It's certainly been deducted from salary but not passed over to HMRC.
Also do I jump ship if I'm lucky enough to get employment elsewhere or hang out new employment in the hope of gaining some redundancy? Been working for company for 11 years.
Helping the country to sleep better....ZZZzzzzzzz
0
Comments
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Do you still have your payslips / P45s?
If you do, present these to HMRC as that is your evidence that they have been paid.
I would look for a new role NOW as well - if the company liquidates the only thing you may be entitled to is from the government - details here:
https://www.gov.uk/your-rights-if-your-employer-is-insolvent/claiming-money-owed-to-you/
IMO it is better to have a stable job than hoping for a payout that (a) may never materialise and (b) will take ages as it will come from the government.0
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