Mortgage payment holiday Links
I am self employed. How do I apply for wages for an employee I have?
Hi Christine, sorry for the delay. Do you use a PAYE system to pay your employee?
I will get someone to help
I would like to know how to claim 80% of her wages please
How to access the scheme
You will need to:
designate affected employees as ‘furloughed workers,’ and notify your employees of this change - changing the status of employees remains subject to existing employment law and, depending on the employment contract, may be subject to negotiation
submit information to HMRC about the employees that have been furloughed and their earnings through a new online portal (HMRC will set out further details on the information required)
HMRC will reimburse 80% of furloughed workers wage costs, up to a cap of £2,500 per month. HMRC are working urgently to set up a system for reimbursement. Existing systems are not set up to facilitate payments to employers.
If your business needs short term cash flow support, you may be eligible for a Coronavirus Business Interruption Loan.
The exact details of the rules and portal have not been released yet, we will update as soon as they have
Thank you, can I ask? the employee is applying for a morgage, will the change of employment status be detriment to her application?
Yes this could be detrimental ask then to contact me
Ok I will arrange this. Many thanks