But..........what if that employer happens to pay compensation to a controlling director of a Limited Co?Some thing tells me that wont work?
yes.....yes.. other employees of the company were paid redundancy and compensation at cessation - I was less worried about those payments because they are obviosly non controlling employees
Nor me!!??Dont know why??
... thanks, but...Why can an interim not be paid to the dirs loan account within the year - if it was approved by the members?
More detailThanks for the comment - the farmer was in dispute with the directors / shareholders of the company that owned the land on which he farmed. Eventually the directors (farmers themselves) agreed to pay my client £50k for him to vacate the land (plus other consideration for stock P&M etc.
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