The government have confirmed  that they are extending the period that employees can be furloughed to the end of June. The chancellor has also stated that this period could be extended further. If the lock down restrictions are lifted at the end of May this would allow some businesses to start trading by un-furloughing some staff whilst keeping others on  furlough and have a couple of months of trading before salaries are to be met in full or other action taken. Alternatively, it may be an indication of the lock down period being extended once again.  

Please also remember that the HMRC portal goes live on Monday

To claim, you will need:

• your employer PAYE reference number
• the number of employees being furloughed
• National Insurance Numbers for the furloughed employees
• Names of the furloughed employees
• Payroll/employee number for the furloughed employees (optional)
• your Self Assessment Unique Taxpayer Reference or Corporation Tax Unique Taxpayer Reference or Company Registration Number
• the claim period (start and end date)
• amount claimed (per the minimum length of furloughing of 3 consecutive weeks)
• your bank account number and sort code
• your contact name
• your phone number

You will need to calculate the amount you are claiming. HMRC will retain the right to retrospectively audit all aspects of your claim.

If you have fewer than 100 furloughed staff you will be asked to enter details of each employee you are claiming for directly into the system – this will include their name, National Insurance number, claim period and claim amount, and payroll/employee number (optional).

If you have 100 or more furloughed staff you will be asked to upload a file with the information rather than input it directly into the system. 

The file should include the following information for each furloughed employee: name, National Insurance number, claim period and claim amount, payroll/employee number (optional).

AWAITING 
Still no further news about the holiday position and furloughing, I am chasing HMRC regularly but they have not given any up  dates as yet.

We appreciate that this is a stressful and worrying time for us all, and we hope that you find the guidance contained in this blog useful. If you require specific advice and would like to know more about the services we offer, please contact Iain Lock on 01920 463777 or ilock@qandalaw.co.uk.

This blog and is a summary of the law and the latest government guidelines. It should not replace legal advice tailored to your specific circumstances.
 

Iain Lock
Director.