-
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Recent content by wcsltd
-
W
Contract day rate changed
You could accept the change and do 20% less work - seems fair to me :)- wcsltd
- Post #15
- Forum: Coronavirus Assistance
-
W
Furloughed - Company Activity
So the answer to my original question is no, you can't furlough and let the business continue, it has to go 'dormant'.- wcsltd
- Post #19
- Forum: Coronavirus Assistance
-
W
Furloughed - Company Activity
Well that is exactly my point. My Ltd Company runs a couple of websites that generate income by themselves, require no input from me. These websites won't cover my PAYE completely so if I continue to 'work' and pay myself my usual income the company would eventually run out of cash. In order to...- wcsltd
- Post #17
- Forum: Coronavirus Assistance
-
W
Furloughed - Company Activity
For example, monthly hosting fees are collected via direct debit from the company. This then ensures that online services continue to run and keep the company afloat. I don't have to authorise those payments, it all happens automatically. So I wouldn't be actually working..- wcsltd
- Post #12
- Forum: Coronavirus Assistance
-
W
Furloughed - Company Activity
Quick background. I'm a director of a Ltd co and due to this virus a lot of the work for this year has dried up (I do a lot of work for the 'events' industry). I have a 'float' of cash in the business which will enable me to run PAYE for a couple of months, however this will run out at some...- wcsltd
- Thread
- Replies: 61
- Forum: Coronavirus Assistance
