Recent content by John T 82

  1. J

    Family business dispute

    Hi all, We have a bit of a situation in our small family construction company and hopefully with some helpful advice we can resolve it soon. My father has built the business and I have been working in it most of my life. My sister and her husband ( both accountants ) joined us 4 years ago to...
  2. J

    Director / Owner Redundancy

    Shares were gifted from my father.
  3. J

    Director / Owner Redundancy

    The activities that I look after are coming to a stop in a few weeks time so technically, yes my position is becoming redundant, I could remain and perform other general duties while others are made redundant but I’m considering continuing the activities on my own with a new company.
  4. J

    Director / Owner Redundancy

    See below the response I got when I asked for an explanation. “Yes and that would be fine if you were just an employee and a director but you’re not - you’re an owner. You have ongoing shareholder and director responsibilities and the company is not being liquidated, so you can’t pay yourself...
  5. J

    Director / Owner Redundancy

    Hi Frank, Thanks for your reply. I have not signed a service contract / employment contract and there are no board agreements or applicable documents. It’s a small family company and my sister and I are the owners 48 / 52. She had said that I would have to resign my directorship as I’m...
  6. J

    Director / Owner Redundancy

    The company is not in any financial difficulty. We are in the process of winding the company down so are not taking on any new work. I am leaving the country for 3 months in January and when I return I plan to eventually work on my own with a separate company when all the outstanding work is...
  7. J

    Director / Owner Redundancy

    Hi, I am an owner ( 48% ), director and employee of a family run construction company. Is there any reason I could not be made redundant as any other employee. As far as I’m aware there is no issue with this as a director/ employee but does the fact that I’m also an owner make any difference...
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