I have a client who runs a livestock farm and an engineering business under his one limited company.
His engineering business has stopped getting any orders, this business makes money normally and pays his salary. My guess is this will continue so I can furlough him. The farming business, makes only losses, and the salary he takes is charged to the engineering business. His wife and daughter mainly attend to the animals (for free) but he also has to care for them, eg TB jabs etc. I have suggested he sells some of the animals but the market has dropped for his beasts by 50% and he is reluctant to sell, as he has been building this business and it has been a cash drain for three years. He and his wife have four kids and nothing will be available to them other than Universal Tax Credits should furloughing not be applicable. It feels very unfair as he has contributed a lot in Corporation tax for his engineering business over the years. Any help gratefully appreciated.