Director redundancy can be difficult. However, many directors don’t realise that on insolvency they may make a claim for redundancy, notice pay, arrears of wages and holiday pay – providing certain criteria are met, as follows:
- Working for a company for at least two years
- Employed under a contract of employment – either written, oral or implied
- Working 16 hours per week or more
How to make a claim for director redundancy
Directors must meet certain criteria to apply for redundancy payments. The quickest and easiest way to ascertain whether you qualify is to contact a firm who specialise in helping company directors with their statutory entitlements and expert directors debt advice. We can put you in touch with experts in this area so please contact us on 08000 724 558
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