Employment contract restricts member's future
I left practice within the last year to work in industry but my position is under threat as the company is experiencing difficulties.
My previous contract whilst in practice specified that I could not act in a similar role to that of my previous employer within a 5-mile radius for 2 years. Is this reasonable and would it stand up legally?
Clearly I need to work to feed my family and my expertise is as a Chartered Accountant so if an alternative position is not available elsewhere it may become necessary for me to take any work I can as a sole practitioner.
Surely as long as I stay away from previous clients (which I intend to do) there should be no issues but I just wanted some opinions from fellow professionals.
- Write an article on latest tax changes for landlords. 335 16
- Stamp Duty based on Exchange or Completion Date 29 2
- Re-Training costs - tax reief 187 6
- VAT - Check on clients business 1,112 44
- Maternity and claining expenses 621 6
- Overseas workday relief 125 5
- HMRC now overriding SA bank repayment details on tax returns 238 3
- Is self-employment "another job" for PAYE 650 13
- Taxation of sinking fund contributions 78 1
- MVL 249 4
- Disengagement Help! 1,473 22
- Is it possible to link documents into transactions in Sage? 113 2
- Creative Auto Enrolment 724 11
- Change PAYE agent address 197 2
- Entrepreneurs relief after enhancement 81 1
- Claiming for breach of contract 243 4
- AccountingWEB survey 367 4
- An IT question 370 8
- Maintenance company for buy to let 142 1
- Entrepreneurs' Relief upon sale of a cash rich company 2,127 38