Compensation for loss of office

Posted by Anonymous PM | on Thu, 21/10/1999 - 16:24 2486 1 comment | report

If a director is being requested to "resign" now, can a tax free compensation for loss of office payment of £30,000 be paid to him in twelve months time, (in a different accounting period) as the company cannot afford to pay it now!
Kevin Salter

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No problem

Anonymous | Sun, 24/10/1999 - 02:24