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Company director Furloughed
Comments
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Are you on an annual pay scheme? Guidance is here, but probably not helpful:
"Company directors with an annual pay period
Those paid annually are eligible to claim, as long as they meet the relevant conditions. This includes being notified to HMRC on an RTI submission on or before 19 March 2020, which relates to a payment of earnings in the 19/20 tax year. The requirement for there to be payment of earnings in the 19/20 tax year applies for any employee being claimed for under the scheme, irrespective of how frequently they are paid (e.g. weekly, fortnightly or monthly). This will be relevant for those on an annual pay period if the last payment notified to RTI was before 5 April 2019 and no further payments were notified until after 19 March 2020.
An employer can make their claim in anticipation of an imminent payroll run, at the point they run their payroll or after they have run their payroll."
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Yeah on the annual pay scheme. But missed the deadline to submit0
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The timing was very unfortunate, as most of these schemes are set up to pay at the end of March, and by the time the scheme was announced on 20 March, it was already too late to do anything.0
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