Hi, i wonder if anyone can clarify. Im the director and sole employee of my ltd company. Will i be eligble for the hmrc 80% wages support? I have no premises and some savings so can't claim anything that's means tested, thanks
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Do you collect a monthly wage? Can you continue to pay yourself that wage monthly?
Hi ella, technically yes by depleting my business account which i don't want to do, especially while others will be receiving hand outs, thanks
If you are currently on payroll then the current understanding is that HMRC will reimburse 80% earnings. This would require you paying yourself and getting reimbursement from HMRC however. They have issued very little guidance on the job retention scheme so far so this is just how we think it will work based on the information released so far.
When we know more information we will post it