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If my Ltd doesn't have the funds to pay it's employee NMW could the director get into trouble? My Ltd didn't pay me a bean for 4 months last year, should I sue him?Originally posted by Ardesco View Post
Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave JohnsonComment
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dum... ok so
personally I have more than one weeks funds (hidden)... and the company has more than one weeks funds...
sorry have i missed something it was a simple question for discussion why all the drama and why are you asking about one weeks warchest funds?
f**k there could be more than a thousand reasons why somebody could be out of pocket... how old are you guys?
Yes i think you have to be made redundant/laid off for JSA but I wonderd if there was some kind of income support for directors if the company was making below a set amount.Comment
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I'm not suggesting your company would get into trouble for not paying you, however it does seem a bit arse about face getting paid jobseekers when you are still technically employed by your ltd co......Comment
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Originally posted by Mart001 View Postdum... ok so
personally I have more than one weeks funds (hidden)... and the company has more than one weeks funds... sorry have i missed something it was a simple question for discussion why all the drama and why are you asking about one weeks warchest funds?
f**k there could be more than a thousand reasons why somebody could be out of pocket... how old are you guys?
Yes i think you have to be made redundant/laid off for JSA but I wonderd if there was some kind of income support for directors if the company was making below a set amount.
If you have savings they tell you to feck orf as far as i'm aware.Comment
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You can be a director of a ltd co without being an employee of the company. Which enables you to claim contribution-based JSA. Even if there's a few million in the company's coffers or in your bank account.
I don't see why you'd turn your nose up at £50 a week or whatever free money while you're sitting on the bench. It'd help contribute to your yacht's mooring fees.Last edited by NotAllThere; 3 February 2009, 13:40.Down with racism. Long live miscegenation!Comment
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Which is what I understood as well... So to put it more simply.. Why won't yourco have funds to support you in a week's time when you're out of contract?Originally posted by chef View PostProud owner of +5 Xeno Geek PointsComment
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So the company CAN support you then. Also, by 'hidden' do you mean you are deliberately evading tax?Originally posted by Mart001 View Post
I think government bailouts for failing companies only apply to companies the government thinks important. Doubt you fall into that category.Yes i think you have to be made redundant/laid off for JSA but I wondered if there was some kind of income support for directors if the company was making below a set amount.Originally posted by MaryPoppinsOriginally posted by vetranComment
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just calculating the worst, i think the contribution based JSA was somthing i was looking for but couldn't find anything.
I think the threshold on your savings is 6,000 to make any difference to amount of support.Comment
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