MJB Avanti would like to remind business owners of the key points;
• Any employees on furlough are not allowed to complete any revenue generated work during the time on furlough
• If any claims need amending due to previous claims being incorrect, please let us (where we’re your accountant) know to avoid receiving any penalties/fines from HMRC
• Directors as per HMRC Guidance on WEBSITE “Where furloughed directors need to carry out particular duties to fulfill the statutory obligations they owe to their company during hours which they are recorded as being on furlough, they may do so provided they do no more than would reasonably be judged necessary for that purpose – they should not do work of a kind they would carry out in normal circumstances to generate commercial revenue or provides services to or on behalf of their company.”
• Furlough percentage drops to 70% from 1st July and employer has to top up 10% to meet the furlough 80%
MJB Avanti | 08000 388 799