tjoh84
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posted on 18/8/09 at 10:28 PM |
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got made redundant but today whats cis
hi all my place went bankruped today so all lost are jobs. but just got a text saying can i get my cis what is this
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omega0684
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posted on 18/8/09 at 10:31 PM |
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don't know what cis is, but sorry to hear the bad news
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stevebubs
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posted on 18/8/09 at 10:33 PM |
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Guessing it may be something to do with this...
http://www.hmrc.gov.uk/cis/
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blakep82
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posted on 18/8/09 at 10:35 PM |
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bad news don't know what CIS is, but get down the job centre asap and get signed on. you've paid enough in over the years, you deserve
some of it back. i don't think it'll effect any other 'proceedings' etc
________________________
IVA manual link http://www.businesslink.gov.uk/bdotg/action/detail?type=RESOURCES&itemId=1081997083
don't write OT on a new thread title, you're creating the topic, everything you write is very much ON topic!
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thunderace
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posted on 18/8/09 at 10:41 PM |
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cis
pension cis
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tjoh84
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posted on 18/8/09 at 10:49 PM |
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allready not been paid for 6 weeks and today told will have to wait 4 weeks more and not get all back as capped to 350 a week
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GrumpyOne
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posted on 19/8/09 at 06:19 AM |
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quote: Originally posted by tjoh84
allready not been paid for 6 weeks and today told will have to wait 4 weeks more and not get all back as capped to 350 a week
The £350 per week refers to any redundancy payment you may be due and not your unpaid wages which are still due in full.
You are now a preferential creditor of the company and wages due are the first thing the liquidator will pay from any assets sold.
The government runs a scheme to pay redundancy due to employees of bankrupt companies. You can claim at your local job centre.
You may also have a case against your bank if the six weeks wages were paid by cheque and the bank returned them??
You will certainly have a case against the officers of the company (directors) if you wish to pursue them through the courts.
A measure of insolvency is the ability to pay your workers; as soon as you can't pay them you are insolvent and should immediately call in the
receiver. If you don't and you continue to trade then you are doing so illegally and you are personally liable for all debts incurred during the
insolvent period.
You should mention to the liquidator that you know this and see what happens.
The above assumes that the company was a limited company, if it was a sole trader or a partnership the owner (sole trader) or the partners
(partnership) are liable for all debts outstanding.
I hope this helps you and I hope you get sorted soon
Cheers
Colin
My wife is very understanding, she understands that if I am in the garage I am not in the house annoying her.
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Jubal
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posted on 19/8/09 at 07:17 AM |
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Bad luck Terry. Some good advice there from Grumpy. Get what you are entitled to mate.
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nick205
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posted on 19/8/09 at 08:12 AM |
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sorry to hear your troubles - looks like we're about to go the same way here.
Our directors have been subsidising the cash flow for some time and I think the party is all but over
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DarrenW
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posted on 19/8/09 at 09:35 AM |
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Whatever you do - dont do what i did and wait ages thinking another job will be along soon before signing on. I left it far too long as i simply didnt
want to 'sponge off the state'. Of course this isnt true as all you are doing is claiming what you are due to after paying into the scheme
all those years.
Its defo worth getting advice on what to do next.
Are you in a Union? ACAS may be able to advise too.
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coozer
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posted on 19/8/09 at 10:46 AM |
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I signed on last Friday for the first time in 20 years, I've been plagued by 'agency's' offering me training... when the bloke
at the dole asked what my last job was I replied "Quality engineer".. whats that he asks
I feel like they are all trying to make money out of me offering this that and the over...
Beware
1972 V8 Jago
1980 Z750
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tjoh84
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posted on 19/8/09 at 10:38 PM |
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cheers people going on jsa 2moz hopfully
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NS Dev
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posted on 21/8/09 at 06:31 AM |
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quote: Originally posted by coozer
I signed on last Friday for the first time in 20 years, I've been plagued by 'agency's' offering me training... when the bloke
at the dole asked what my last job was I replied "Quality engineer".. whats that he asks
I feel like they are all trying to make money out of me offering this that and the over...
Beware
yep, sounds about right
Retro RWD is the way forward...........automotive fabrication, car restoration, sheetmetal work, engine conversion
retro car restoration and tuning
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