- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- 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!
Reply to: Government packages
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Government packages"
Collapse
-
Now then. I got my 10K grant, delivered silently to my business bank account, this morning. Noice !!!!
-
Originally posted by northernladuk View PostCraig quoting himself? Is he succumbing to cabin fever? Not handling self isolation so well?
We are here to help!!!! Come lie down and tell doctor NLUK all about it.
Leave a comment:
-
Originally posted by Craig@Clarity View PostWhat if the worker was employed for less than a year? How do you work out the claim?
Claim the average monthly earnings since they started.
We are here to help!!!! Come lie down and tell doctor NLUK all about it.
Leave a comment:
-
Originally posted by Craig@Clarity View PostIf the employee has been employed for the full 12 months prior to the claim then you use the higher of either:
the same month’s earnings from the previous year OR
average monthly earnings from the 2019-2020 tax year
Claim the average monthly earnings since they started.
Leave a comment:
-
Originally posted by Phil Low View PostIsn't this open to someone modifying their February wage to a higher figure to gain more (from the 80%) by re-submitting it to HMRC now?
the same month’s earnings from the previous year OR
average monthly earnings from the 2019-2020 tax year
Leave a comment:
-
Isn't this open to someone modifying their February wage to a higher figure to gain more (from the 80%) by re-submitting it to HMRC now?
Leave a comment:
-
Modifying wages
If the 80% is based on February payment, isn't this open to fiddling by resubmitting a higher figure for this month?
Leave a comment:
-
Originally posted by dx4100 View PostWhy the 28th Feb ? What was the reason ?
Is it so people don't make up employees to claim extra ??
Who on the 1st March saw any of this coming ? Seems grossly unfair!
However the scheme is going from March for an initial 3 months which means end of May at the moment. If you have any kind of termination notice period, like 2 weeks for example, that means April is mostly covered, so as per current status it's only a 2K "loss".
By the end of May things will change a lot, deaths will stabilize, we will hopefully have enough tests, enough ventillators, maybe a drug which helps a bit and people will be REALLY fed up with the lockdown.
So the topic will change to easing lockdown, trying to revive economy and living together with the virus on the long term.
And once lockdowns are eased interviews will start to happen.
Maybe the scheme gets a month or two extension, but I don't see them being able to maintain the scheme for more than 6 months total - I don't think anyone will work for years in the frontline while others get the same money while sitting at home.
IMO it is a game of somehow surviving April and May and then you won't lose too much. In the meantime use your anger as motivation to learn, go on hackerrank and practise etc., learn new skills etc., in the end this is what will bring $$$ in, not the government schemes.
In my opinion it might also be possible that as time goes they will shift the initial deadline, but the earliest date to announce that March is included is next week as you can submit march FPS to HMRC until 5th of April, so they can only announce anything like this only afterwards in order to avoid mass fraud.Last edited by tester552; 2 April 2020, 15:06.
Leave a comment:
-
Originally posted by eek View PostThe Government did use the most appropriate date for the cut off to avoid fraud which was February's payroll. If you are on February's payroll HMRC know where you are working, if you aren't it is too open to fraud.
I wonder how much fraud will happen around this area.
Leave a comment:
-
Originally posted by eek View PostThe Government did use the most appropriate date for the cut off to avoid fraud which was February's payroll. If you are on February's payroll HMRC know where you are working, if you aren't it is too open to fraud.
Leave a comment:
-
Originally posted by eek View PostThe Government did use the most appropriate date for the cut off to avoid fraud which was February's payroll. If you are on February's payroll HMRC know where you are working, if you aren't it is too open to fraud.
Leave a comment:
-
Originally posted by dx4100 View PostI get there needs to be a cut off - personal I think it should of been fair to use the date of the announcement was the fairest possible. Feels like that ship has sailed though. Doubt they will change it.
Leave a comment:
-
Originally posted by ladymuck View PostBecause, as with everything, there always has to be a cut off. Many organisations do payroll monthly so the last full month before the measure was announced is probably easier to manage, especially as that will be the last month for which returns will have been done.
Leave a comment:
-
Originally posted by dx4100 View PostWhy the 28th Feb ? What was the reason ?
Is it so people don't make up employees to claim extra ??
Who on the 1st March saw any of this coming ? Seems grossly unfair!
Leave a comment:
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- A new hiring fraud hinges on a limited company, a passport and ‘Ade’ Yesterday 09:21
- Is an unpaid umbrella company required to pay contractors? Nov 26 09:28
- The truth of umbrella company regulation is being misconstrued Nov 25 09:23
- Labour’s plan to regulate umbrella companies: a closer look Nov 21 09:24
- When HMRC misses an FTT deadline but still wins another CJRS case Nov 20 09:20
- How 15% employer NICs will sting the umbrella company market Nov 19 09:16
- Contracting Awards 2024 hails 19 firms as best of the best Nov 18 09:13
- How to answer at interview, ‘What’s your greatest weakness?’ Nov 14 09:59
- Business Asset Disposal Relief changes in April 2025: Q&A Nov 13 09:37
- How debt transfer rules will hit umbrella companies in 2026 Nov 12 09:28
Leave a comment: