New Contract - Daily Expenses

[TheFaQQer]

Scroll up, that's not the case.

Only because "family members of the employer living in the employer’s home" - which doesn't make any sense to me. The employer is a limited company, so by it's very nature cannot have any family.

Company directors are exempt from the NMW because they aren't employees.

[Snarf]

Only because "family members of the employer living in the employer’s home" - which doesn't make any sense to me. The employer is a limited company, so by it's very nature cannot have any family.

Company directors are exempt from the NMW because they aren't employees.

Interesting, my understanding was that even a director who was an employee would be exempt from NMW..
If it ever becomes an issue that I have to know about I'll ask the accountant!


Edit, just had a quick look, unless the director has entered into a contract with the company NMW doesn't apply... So really the issue then is determining at what point you are deemed to have a contract with yourCo written or otherwise..

Anyway, think I've hijacked the thread enough, thanks for responses - given me some stuff to look up

[LondonManc]

Only because "family members of the employer living in the employer’s home" - which doesn't make any sense to me. The employer is a limited company, so by it's very nature cannot have any family.

Company directors are exempt from the NMW because they aren't employees.

What about redundancy pay offs?

Is there some silly loophole where I can employ one of my kids, have them do some work for me then dismiss them with a compromise agreement to get money out of the company without paying anything other than the payoff? The little parasite might be of some use after all

[northernladuk]

What about redundancy pay offs?

Is there some silly loophole where I can employ one of my kids, have them do some work for me then dismiss them with a compromise agreement to get money out of the company without paying anything other than the payoff? The little parasite might be of some use after all

Well they would have to work for you for two years to be eligible. What's more likely is you'll not do it right, kids will take you to an employment tribunal and take you for every penny you've got, war chest and all. Little bastards.

[SueEllen]

What about redundancy pay offs?

Is there some silly loophole where I can employ one of my kids, have them do some work for me then dismiss them with a compromise agreement to get money out of the company without paying anything other than the payoff? The little parasite might be of some use after all

If your kid threatened to do you for age, religious or sex* discrimination then they don't need to work for you for two years and it can be just be over you insulting them. Just make sure they have evidence of the discrimination. Probably help if some outside body was involved as well and they had to move out of home.

*Sex discrimination includes a wide range of things.