Since you were a company director and office holder, you will need to prove your status as a company employee in order to qualify for payments.
Many factors must be considered to determine if you were an employee.
As you were a business owner, you will need to provide us with additional information when applying for severance pay. This will help us determine if you were both an employee and a director of the company.
We may contact you to obtain additional evidence so that we can assess your claim.
We will consider your complaint if:
- the company has been incorporated and listed on the stock exchange for more than 2 years
- you worked at least 16 hours a week
- you had an employment contract, written memorandum or other agreement that reflects your work situation. If you do not have a copy of a written agreement, you may be asked to provide details of the terms and conditions of your employment
- you received payments under a PAYE plan
Make your complaint
We have advice with instructions on how to apply for severance pay and other important information for completing your application.
Severance Compensation Director Evaluation Process
Once we receive your completed form, we may request documents to support your claim. We may request evidence, including:
- Salary slips
- dividends received
- business accounts and bank statements