So can i furlough myself? So can i furlough myself?
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  1. #1

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    Robinho is too good to be a permie


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    Default So can i furlough myself?

    The answer is No
    Last edited by Robinho; 31st May 2020 at 12:10.

  2. #2

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    wattaj is NOT a disguised employee

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    Quote Originally Posted by Robinho View Post
    Unlike most of you tax-dodging scum i actually pay myself a decent salary every year, normally in big chunks.
    **** off.


    Quote Originally Posted by Robinho View Post
    Last tax year i paid myself £30+k.

    in April i paid myself £20+k.

    Now i have no work and want myself a nice juicy cash injection from the scummy taxman.

    But according to the scummy taxman...

    And as a director all of my pay is discretionary. So am i s**t out of luck here?
    See above.
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  3. #3

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    Pretty unintelligible post.

    Sure, you can furlough yourself and claim under the CJRS on any PAYE component of your income (80%, up to 2.5k per month). If you're not operating a monthly RTI, it becomes trickier - you need to have made an RTI submission by 19 March 2020, IIRC - is that what you're banging on about in an unintelligible way?

  4. #4

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    Quote Originally Posted by wattaj View Post
    See above.
    Yeah. Punt to General...

  5. #5

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    What was unintelligible about it?

    The point is i have no contractual obligation to pay myself. Therefore presumably i cannot benefit? Or is there some exception for directors?
    Last edited by Robinho; 31st May 2020 at 11:29.

  6. #6

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    GhostofTarbera - scorchio!

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    Quote Originally Posted by Robinho View Post
    As of Friday i am benched for the first time in 3 years.

    Unlike most of you tax-dodging scum i actually pay myself a decent salary every year, normally in big chunks.

    Last tax year i paid myself £30+k.

    in April i paid myself £20+k.

    Now i have no work and want myself a nice juicy cash injection from the scummy taxman.

    But according to the scummy taxman...



    And as a director all of my pay is discretionary. So am i s**t out of luck here?
    Lol if you were paying minimum salary and dividends you would have £10 K now to tide you over




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  7. #7

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    Quote Originally Posted by Robinho View Post
    What was unintelligible about it?

    The point is i have no contractual obligation to pay myself. Therefore presumably i cannot benefit? Or is there some exception for directors?
    It was mostly a whiny rant about something or other. Anyway, salary isn't discretionary. There are plenty of owner-directors claiming under CJRS for 80% of their salary up to 2.5k.

    If you have an annual payroll (not monthly), you may fall through the cracks. There's plenty of info on gov't websites:

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

    Regarding annual payroll:

    Directors, annual salary payments and the CJRS | ICAS

  8. #8

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    In which case yes it is technically not a salary

    So as suspected i am s**t outta luck

  9. #9

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    GhostofTarbera - scorchio!

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    Quote Originally Posted by Robinho View Post
    In which case yes it is technically not a salary

    So as suspected i am s**t outta luck
    Funny how no one has mentioned this before


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  10. #10

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    Quote Originally Posted by Robinho View Post
    Unlike most of you tax-dodging scum ...
    Try posting your question here https://www.contractoruk.com/forums/...us-assistance/ And this time, ask nicely.
    Down with racism. Long live miscegenation!

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