I am a sole trader hairdresser employing 5 members of staff 2 of which have been with me for 27 years working part time hours. The vat is killing my business and I have been advised by my accountant to go ltd.I want to keep my staff and the business has made a loss for the last 3 years with me paying the vat bill from my mortgage account draw down scheme, i couldnt pay redundancy even if i wanted to. Can I give my existing staff therefore new contracts with limited/zero hours when necessary.10 years ago I changed busuness premises and the salon name but the staff came with me. If redundancy was available for them, how many years do I havevto pay them for as their contracts were renewed under a new salon name but theirvemployment wasn't broken . I want to get this right !
Hi Ben, the staff are employees.