The Coronavirus Job Retention Scheme has been extended until 30 April 2021.
Claims for furlough days in December 2020 must be made by 14 January 2021.
Yes, you can. Any employee can be furloughed as long as their work has been severely affected by Covid-19 and they were on your PAYE payroll by 23:59 30th October 2020.
Employees can be on any type of contract, whether that be zero hours, variable hours, part-time or full-time.
Yes, it is best to discuss your decision with your worker first and make sure you have their agreement before you put them on a period of furlough.
You should also make sure that you put this decision in writing and make it clear that their furlough status is only temporary.
If your worker’s pay varies because they are on a zero-hours contract, then the 80% limit will be based on the same month’s earning from a previous year, or their average monthly pay during the 2019-2020 tax year—whichever is highest.
If your zero-hours worker currently has more than one employer, they can be put on furlough by one employer and continue to work for another, if it is allowed in their employment contract.
If they are put on furlough by more than one employer, they will get separate payments from each one. The 80% of their normal wage up to a £2,500 monthly cap applies to each job.
Yes, all employees can carry out training and volunteer work whilst on furlough as long as they are not providing services to, or making money for, your company.
But keep in mind that if your employee is earning less than the National Minimum Wage while they are on furlough and they spend time in training which attracts the minimum wage entitlement, you’ll need to cover the shortfall for the time they spent training.
Click here to check if your employer can use the Coronavirus Job Retention Scheme.
If you are a self employed, business owner/director of company looking to get your accountancy and taxation matters sorted, look no further. We, at Naail & Co, are pro-active and easily accessible accountants and tax advisors, who will not only ensure that all your filing obligations are up to date with Companies House and HMRC, but also you do not pay a penny more in taxes than you have to. We work on a fixed fee basis and provide same day response to all your phone and email enquiries. We will also allocate a designated accounts manager who would have better understanding of your and business financial and taxation affairs. Book a free consultation call using the link below.
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