Member Since: 29th Nov 2017
17th Apr 2020
Yes - appreciate that if you untick the EA claim then it will obviously include the ER NIC in the grant.
Have not seen any clarity on the EA position and there only seems to be assumptions that if you claim the EA you won't be able to claim ER NIC under the CJRS.
17th Apr 2020
Yes - we did the update and there is a detailed CJRS claim under analysis that can be broken down to each employee.
From what we can see the employer nic allowance is automatically offset against any employer nic before the grant claim.
15th Apr 2020
Just got through to HMRC paye helpline and they voted no!
64/8 will take too long so each client will need to register for a government gateway id and add Paye to their account - this is HMRC's current view. This will really speed things along!
29th Mar 2020
I think you are getting the question that many directors of family owned businesses are asking.
The guidance is that as long as the director is doing no work, bar statutory duties, (...not providing services or generating revenue) then they can be furloughed. If you have a shop that is now shut then it is reasonable to expect a spouse could be furloughed. However if the remaining director carries out any work - eg. paying wages or a supplier (surely that counts as work?) then furloughing both directors would not seem appropriate.
However I am sure Martin Lewis will reveal all.....;)
28th Mar 2020
In the CTJS there is ..."an employee cannot undertake work for or on behalf of the organisation. This includes providing services or generating revenue."
So if you are the sole director preparing the payroll for your staff (who are furloughed) and still paying the odd bill (whilst the business is closed) I assume this would be classed as providing services? or is there a definition of 'providing services'?
26th Mar 2020
But if the employment contract includes a lay-off provision then would the employer not just be able to furlough the employees as no agreement would be required from the employees?
25th Mar 2020
According to ICAEW guidance just published it is available to all employees on the payroll at the end of Feb.
24th Mar 2020
Read through the attached legislation and see where your client fits (or doesn't):
20th Mar 2020
Phoned the HMRC special helpline today on behalf a client for CT. Took about 20 mins to get through.
Client was already a few months late but HMRC agreed 10 months TTP. HMRC advisor appreciated that these are 'extraordinary' times and understood that there is no guarantee that the TTP agreement will be paid in full should the business go under due to Covid 19.
28th Jun 2019
The company charged the director interest on the loan to avoid any BIK.