I am employer and employee of a limited company. I am sole director and sole employee. I am pregnant now and do not qualify for SMP. My accountant has posted SMP1 form on company's behalf. As an employee I can apply for MA1 and have eligibility for it. But then, I do NOT want to claim any maternity allowance. But I am going to take break from work for at least 6months My question now is: Should I make my company dormant during my break. (Are there any advantages or required reasons of making the company inactive when I am not at work) Or should I keep the company active and keep generating payslips. (I am not going to claim any kind of allowances from gov or job center plus) I want to take an appropriate action that's adheres with employment and business policy and not do anything that's wrong.
You cannot make your company dormant for such a short time. You will need to keep doing RTI returns. HMRC advice on what to do if no payroll is being run as no staff are being paid for a number of months is at the bottom of this page. https://www.gov.uk/stop-employing-staff
Thank you for the response. I will rule out the option of keeping the company dormant. Now the question is: I won't be terminating myself from employment because of maternity break. I will just be on long leave and then joining back on same role/position. Would it not be a good option to keep generating payroll when I am on leave. Like paying an employee when they are on leave.
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