Possible self-employment.

YoungBlueEyes

Marcon said:

YoungBlueEyes said:

Just spotted your edit Marcon - I’ll add HMRC to the reading list. 

You might also flag the possibility that this could be a partnership (with limited liability)...that would give further food for thought. https://www.gov.uk/set-up-business-partnership

Interesting possibility, thanks Marcon. 

So it's 3 possibles (broadly speaking). Stay as a regular employed person, either where he is or for a similar company. Follow his manager as a se person. Go into a business partnership with him. 

This is all a steep learning curve, but I've had an interesting day's reading  

YoungBlueEyes

Update - the buy out is all set to go through so on Monday he’ll be working for the new company. They’ve all had an email saying welcome aboard etc, and it does mention “possible redundancies” but no firm details. 

We talked about him following his manager as a se person, but manager was only offering the same pay rate so that’s a non-starter.  

Thanks again everyone for your help