Furloughed but employer keeping my money

gary83

She’s put you all in a pretty awkward position though. There’s nothing wrong with you providing a loan if you wanted to & could afford it, that could be properly documented detailing the repayment details and schedule after you’ve received your wages. To just refuse to pay the money out after declaring to HMRC that it’s been paid & claiming that money back off the taxpayer is not the right way to go about it.

gj373

3 pages of discussion when it should just be said... Don't do it. Take your money. No guarantee business will still be around to pay you back. You are throwing your money away in my opinion

suki1964

gary83 said:

suki1964 said:

All businesses have cash flow problems at the moment , we won't be seeing any overtime payments for a few months, but the basic wage is still being met where I am, Im in food production, people are still buying, its just a lot of un paid bills from businesses that had to close thats caused problems where I am. Then of course anyone who has had to shut their doors obviously has no income so those un paid bills have to stay unpaid until we are all out of this and back running

I would be wondering as well what business this is and if its closed, why are they needing money other then the wage bill?

Businesses need money as although they have no incomings they still have outgoings, they will still be paying mortgages/rent for their premises. Still be charged standing rates for water/electricity/internet etc. Still paying for insurance, paying for vehicles/machinery that’s standing idle.

i take it the employer hasn’t put this badly thought out plan in writing? you’ll have no comeback if the business can’t afford or just wont pay back this taxpayers money intended for you that they’re at best forcing you to lend them at 0% or at worse stealing from you.

running a payroll and declaring that to HMRC with no intention of paying out that money is starting on dodgy ground, what other scams/shortcuts is she upto?

I do understand about the outgoings, Im not daft But right now with everyone in the same boat, rent/rates etc are all put on hold. No one is going to get evicted, no court cases for bankruptcy are going to take place until the government lift restrictions

So, in light of further info from the OP, I really can not understand why this business is trying to do this

[Deleted User]

+1 for giving money away. Unless there is a high wage here, it seems off.  Could you not ask to retain something from the business as your bond.
I work for a small business, am at home with their laptop, keyboard, mouse, headset ((handy things to have should payment of wages not come through whilst I don't really think it would ever come to it)) we've continued solidly trying to drum up new trade daily too in counteracting the cancellations - what is your boss planing actively to do about the situation OP?    

Francessca

It's not a high wage, I only take home £1200 / month. It's basically minimum wage.  

bradders1983

That makes it worse on your employers part then.

onwards&upwards

It’s going to be a long time before the country is spending on luxuries and home improvements like it was before.