Originally posted by dx4100
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Originally posted by jamesbrown View PostHasn't been confirmed as I see it. There is speculation. You may be right (you're certainly correct about dividends, obviously). You may be wrong. Personally, I think you're wrong, but there are seemingly more people that agree with you than me. I don't see how you furlough an office holder or justify a small salary as anything other than remuneration for the company admin that goes with it. Still, gov't schemes aren't always logical.
I’m registered as a personal service company – but it’s just me. Do I apply for help as an employee, or as self-employed?
The Treasury said: “Those who pay themselves a salary and dividends through their own company are not covered by the scheme but will be covered for their salary by the coronavirus job retention scheme if they are operating PAYE schemes.”
So we get nothing basically. Unless you pay yourself a high salary? But I assume most of us don'tComment
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Originally posted by genius View PostI've already said this but..
I’m registered as a personal service company – but it’s just me. Do I apply for help as an employee, or as self-employed?
The Treasury said: “Those who pay themselves a salary and dividends through their own company are not covered by the scheme but will be covered for their salary by the coronavirus job retention scheme if they are operating PAYE schemes.”
So we get nothing basically. Unless you pay yourself a high salary? But I assume most of us don'tComment
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Originally posted by Paralytic View PostWhere has this been "confirmed"? Im skeptical that any director will just be able to furlough themselves and claim back 80% of their base salary.
Not good enough for you ?Comment
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Originally posted by jamesbrown View PostHasn't been confirmed as I see it. There is speculation. You may be right (you're certainly correct about dividends, obviously). You may be wrong. Personally, I think you're wrong, but there are seemingly more people that agree with you than me. I don't see how you furlough an office holder or justify a small salary as anything other than remuneration for the company admin that goes with it. Still, gov't schemes aren't always logical.
Its on the governments own web pages so I imagine that its pretty much confirmed - as always though - devil in the detail...Comment
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Originally posted by jamesbrown View PostPutting aside the measures connected to business rates, the absolute very best you can expect, with a highly optimistic interpretation, is that you can claim 80% of whatever PAYE salary you pay, providing you can demonstrate that you're out of work due to C19. So, for the average contractor out of work for that reason, you can expect about 600 quid per month. But I personally think it's zero.Comment
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Originally posted by dx4100 View PostChancellor gives support to millions of self-employed individuals - GOV.UK
Not good enough for you ?'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Apart from the standard Germany wide (Federal) subsidies and help for businesses, the state that I live in have also announced some extra help for freelancers, self-employed, artists and musicians and extra support for small companies up to 250 employees. For a contractor like myself I can claim up to €10,000 depending upon how much my cash flow has decreased and some other criteria...oh, and it doesn't need to be paid back either.“Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.”Comment
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Originally posted by dx4100 View PostYou may be over thinking it some what...
Its on the governments own web pages so I imagine that its pretty much confirmed - as always though - devil in the detail...Comment
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Originally posted by mattster View PostAny source on that?Comment
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