Closing Down LTD With Employee(s)

[eek]

He has had advice from somebody (some business-type body) but he's still confused which is why I started doing some digging for him.

Which is why you should get him to see an expert in this field (an lawyer specialising in employment law say) and pay them the £500-£1000 they may want to do this properly. Asking a bunch of clearly unqualified strangers is not getting advice or digging for him its just creating more questions and vague (possibly wrong) answers.

[ThomserveBAS]

Agreed. I'll speak with him tonight and make sure he gets some proper advice. I appreciate your input, and it really was just general guidance I was looking for - I'm certainly not the type to take advice given on the internet as gospel (the FiL is a different matter mind )

[SueEllen]

Which is why you should get him to see an expert in this field (an lawyer specialising in employment law say) and pay them the £500-£1000 they may want to do this properly. Asking a bunch of clearly unqualified strangers is not getting advice or digging for him its just creating more questions and vague (possibly wrong) answers.

WES with bells on it.

Paying up to 1K now with a bit of hassle is cheaper than paying 5K+ later with a lot of hassle.

[Apox21]

You need specialist advice from a Employment lawyer or CIPD qualified HR person. Plenty of em around to advise on this type of thing. Can put you in touch with some reasonable price HR types if needed.