Contract ends today. What options do I have with furloughs?

[GhostofTarbera]

No contractor should be using Tide as their main business bank account. They are well known to have a wide range of issues, appalling service (if any!) and are an all rubbish bank.

Open an account in 26 clicks with tide

Or 4 weeks with Rbs - no brainer for most freelancers


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[rogerfederer]

Not if you are with tide as they ran out of money

No contractor should be using Tide as their main business bank account. They are well known to have a wide range of issues, appalling service (if any!) and are an all rubbish bank.

[GhostofTarbera]

As mentioned above its too late now.

You can claim UC as self-employed, basically you report income & expenses to DWP monthly and its worked out how much of the £408 per month you are eligible for, Ive been doing this since May but Ive had some invoices coming in so havnt been eligible yet...

If you have a Ltd Co. I assume you can still claim for the bounce back loan ?

Not if you are with tide as they ran out of money


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[andydd68]

As mentioned above its too late now.

You can claim UC as self-employed, basically you report income & expenses to DWP monthly and its worked out how much of the £408 per month you are eligible for, Ive been doing this since May but Ive had some invoices coming in so havnt been eligible yet...

If you have a Ltd Co. I assume you can still claim for the bounce back loan ?

[jamesbrown]

Check if you can claim for your employees' wages through the Coronavirus Job Retention Scheme - GOV.UK

So, yeah, 10 June.

From 1 July , employers can bring furloughed employees back to work for any amount of time and any work pattern, while still being able to claim the grant for the hours not worked. From this date, only employees that you have successfully claimed a previous grant for will be eligible for more grants under the scheme. This means they must have previously been furloughed for at least 3 consecutive weeks taking place any time between 1 March and 30 June 2020. For the minimum 3 consecutive week period to be completed by 30 June, the last day an employee could have started furlough for the first time was 10 June. This may differ if you have an employee returning from statutory parental leave.

[LondonManc]

Check if you can claim for your employees' wages through the Coronavirus Job Retention Scheme - GOV.UK

In line with that, perhaps contractors could consider £40,793 as a new salary?

[northernladuk]

Check if you can claim for your employees' wages through the Coronavirus Job Retention Scheme - GOV.UK

[jamesbrown]

Employees must have been furloughed for a minimum of three weeks by today, so the effective closing date for new applicants to the CJRS was 10 June. In short, you've missed out on the CJRS, as I understand it. You can apply for a bounce back loan though.

[Old Greg]

Title says it all really.

I have been in my current contract from the start of this year and my last day is today, as the project is pretty much finished and naturally clientco is keen to save pennies.

So given that the market in my skillset is currently pretty moribund, what options, if any, do I now have to apply for furlough funds?

Someone told me no new applications can be made after 10th June, and that deadline has obviously already passed. But I also read that the furlough scheme will extend to at least October. But in that case why should people laid off (in effect) only now be penalised compared with those already let go?

Can't help except for a manly . Hope you find something soon.

[northernladuk]

Why not go to the pages where you apply and see what the rules are rather than ask a load of people that aren't in your exact situation. When you find out come back and tell us.

You are aware of exactly how much you'll get if you are on furlough yes?

[OwlHoot]

Title says it all really.

I have been in my current contract from the start of this year and my last day is today, as the project is pretty much finished and naturally clientco is keen to save pennies.

So given that the market in my skillset is currently pretty moribund, what options, if any, do I now have to apply for furlough funds?

Someone told me no new applications can be made after 10th June, and that deadline has obviously already passed. But I also read that the furlough scheme will extend to at least October. But in that case why should people laid off (in effect) only now be penalised compared with those already let go?