COVID 19 – Update 17th April Furlough Scheme

Claremont Hotel
COVID 19 Update: 16th April
April 16, 2020
COVID Money
COVID 19 Update: 20th April Furlough Portal Open
April 20, 2020

Furlough Scheme
The online claim service for the Coronavirus Job Retention Scheme will be launched on GOV.UK on Monday 20‌‌ April 2020. Any entity with a UK payroll can apply, including businesses, charities, recruitment agencies and public authorities.
To prepare to make your claim you will need:
– a Government Gateway (GG) ID and password – if you don’t already have a GG account, you can apply for one online, or by going to GOV.UK and searching for ‘HMRC services: sign in or register’
– be enrolled for PAYE online – if you aren’t registered yet, you can do so now,

the following information for each furloughed employee you will be claiming for:
– Name,
– National Insurance number,
– Claim period and claim amount,
– PAYE/employee number (optional).

If you have fewer than 100 furloughed staff – you will need to input information directly into the system for each employee. If you have 100 or more furloughed staff – you will need to upload a file with information for each employee; HMRC will accept the following file types: .xls .xlsx .csv .ods.You should retain all records and calculations in respect of your claims. You can find more information on the scheme and eligibility to claim here.

Announced today – the furlough scheme has been extended to cover June. More here
Small Business Grants
Businesses across the town are reporting that they have started to receive the payments of the small business grants. We understand that you should receive a remittance notice from Eastbourne Borough Council via email just prior to the money being deposited. 

Please note – you have to apply for the grant from Eastbourne Borough Council. So, if you have yet to make a claim for your grant – please follow this link to access the portal: https://lewes-eastbourne.grantapproval.co.uk/

If you are having issues completing the application – please get in touch. 
Dividend Payments
Minister for Small Business, Paul Scully, is working on a solution for the Self-Employed
Paul Scully MP, is trying to find a mechanism to support self-employed people working as a registered business.  At the moment, people in this situation are not eligible for self-employment support and, although they could furlough themselves, would generally only receive £132.80 by doing so and would not be able to do any work.

If you would like to support his initiative, his twitter handle is @scullyp and his email address is paul.scully.mp@parliament.uk

If you are self employed and have not benefitted from a grant, send him details of your situation.

https://www.cityam.com/business-minister-working-on-scheme-to-protect-businesses-which-pay-using-dividends/
HMRC Time To Pay
HMRC has updated the information on it’s Coronavirus helpline for all businesses and self-employed people in financial distress that want to apply for support through HMRC’s Time To Pay service

https://www.gov.uk/government/organisations/hm-revenue-customs/contact/coronavirus-covid-19-helpline