N Nona Guest 21 Oct 2008 #1 Is a director (49% share) of a limited company entitled to payment of their salary before creditors and are they entitled to a redundancy payment?
Is a director (49% share) of a limited company entitled to payment of their salary before creditors and are they entitled to a redundancy payment?
E extopia Registered User Messages 3,142 21 Oct 2008 #2 Nona said: Is a director (49% share) of a limited company entitled to payment of their salary before creditors and are they entitled to a redundancy payment? Click to expand... No, a proprietary director is just the owner of the company and is not entitled to anything as such. Do the right thing and pay those creditors!
Nona said: Is a director (49% share) of a limited company entitled to payment of their salary before creditors and are they entitled to a redundancy payment? Click to expand... No, a proprietary director is just the owner of the company and is not entitled to anything as such. Do the right thing and pay those creditors!