Hi, please advise, how can I record termination payment for my employee? It will be allowable expense for my limited company?
Hello @Ewa1
You may wish to check this with your accountant as it is not something the support team could advise on unfortunately.
I will leave the post open as there are some accountants who use the forum who may add a comment.
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Hi, termination payments are allowable for corporation tax purposes, as long as it complies with Hmrc rules …
Regards
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