Are you legally obliged to issue P45s to staff when transferring a trade from a sole trader to a limited company or can you just issue a letter detailing the change in employer?
I know that you have to actually process the P45s so as to inform Revenue but it seems a bit pointless to give Parts 2-4 to each employee only for them to hand them straight back for the 1st week's payroll of the new company!
I know that you have to actually process the P45s so as to inform Revenue but it seems a bit pointless to give Parts 2-4 to each employee only for them to hand them straight back for the 1st week's payroll of the new company!