Ltd Company Directors

wunderwood

I am somewhat confused by the Governments approach to small companies such a mine - as a Director I can only furlough myself for  80% of my PAYE element of my income and nothing for the dividend income i receive ( albeit that I still pay tax on this element) - so effectively - I can only get 80% of £11.850 ( tax threshold ) which is £790 per month - However if I furlough one of my employees on £37,500 per annum - he can have £2500 per month paid to him as 80% max 
How is that possible and fair ??? 

SuperWizard

It's possible and fair because the Government sets the rules, so it's that or nothing. The income structure you have set up is one that you've chosen (presumably for tax purposes) and the Government isn't obliged to put you in a better position than you otherwise would have been in those circumstances.

It's not "fair" but it is better than nothing.