8.0/10 (17320 reviews)
justanswer.co.uk has been visited by 10K+ users in the past month
Speak Personally To a Tax Advisor Who Will Answer Your Questions. No Waiting Time, JustAnswer Experts Are Online 24/7.
A+ Rating - Better Business Bureau
Search results
Jun 8, 2020 · A: Yes, provided the other conditions to accessing the scheme are met. The Guidance makes it clear that office-holders, including company directors, are eligible to be furloughed where they are paid through PAYE and were on the payroll on or before 19 March 2020.
May 21, 2020 · In its guidance for employers, the Government has helpfully clarified that: directors paid via PAYE can be furloughed; and. furloughed directors can still carry out activities which are "necessary" to fulfil their statutory duties to the Company.
Apr 9, 2020 · In recently updated guidance (4/4/2020) HMRC provided clarity over whether directors and office holders could be put on furlough leave (i.e. be furloughed). Until this guidance had been provided there was a lot of debate as to how directors would fulfil their statutory obligations to the company.
Jul 14, 2020 · Under the mark two scheme, employees can (with their agreement) be flexibly furloughed and work any combination of hours or days required by the business. Such employees should receive their usual pay for actual hours worked, while remaining entitled to furlough pay for their furloughed time.
Apr 9, 2020 · The main principle is that, where a director is an employee of the company, they can be furloughed. The amount they would be paid would be according to what they are paid in PAYE from the company, nor any dividends which they take from the limited company.
Where a company (acting through its board of directors) considers that it is in compliance with the statutory duties of one or more of its individual salaried directors, the board can decide that such directors should be furloughed.
Apr 7, 2020 · The UK government's guidance on the Coronavirus Job Retention Scheme was updated on 4 April 2020 to clarify how it applies to office holders, including company directors, and salaried members of LLPs. The guidance now expressly confirms that people in these positions may be furloughed.