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Furlough Company Directors

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    Furlough Company Directors

    Hi

    Regarding the furlough scheme is there a process - do I need to send myself an email?

    Also if Mrs is also a salaried director I assume she can get this too?

    Thanks

    #2
    Best to get advice directly as it is subject to change. It was updated today even:
    Claim for your employees' wages through the Coronavirus Job Retention Scheme - GOV.UK

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      #3
      Originally posted by Henrik67 View Post
      Hi

      Regarding the furlough scheme is there a process - do I need to send myself an email?

      Also if Mrs is also a salaried director I assume she can get this too?

      Thanks
      Yes, do just that


      Sent from my iPhone using Contractor UK Forum

      Comment


        #4
        Ah I am glad to see that gov.uk page has been updated!

        Effectively it is the minutes of a board meeting....

        Where one or more individual directors’ furlough is so decided by the board, this should be formally adopted as a decision of the company, noted in the company records and communicated in writing to the director(s) concerned.

        Where furloughed directors need to carry out particular duties to fulfil the statutory obligations they owe to their company, they may do so provided they do no more than would reasonably be judged necessary for that purpose, i.e. they should not do work of a kind they would carry out in normal circumstances to generate commercial revenue or provides services to or on behalf of their company.

        This also applies to salaried individuals who are directors of their own personal service company (PSC).
        In regards to statutory obligations, this page Responsibilities & Duties of a Limited Company Director – Bytestart includes the following

        You must deal with the correct payment of staff (and yourself) – including the deduction of income tax and national insurance contributions, where they apply.
        This default font is sooooooooooooo boring and so are short usernames

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