A Good-To-Know List for Directors: As far as PAYE is concerned, a director is an employee of their company. A director is neither a self employed nor a freelance worker performing tasks for their company. Therefore a director is not eligible for the Coronavirus Grant for the self-employed. A director on payroll on 28 February … Continue reading
This is a summary of the support relevant to most of my clients: 1. Coronavirus Business Interruption Loan Scheme (CBILS) Announced on Wednesday, 11 March 2020, this will be administered by lenders that partner with the British Business Bank. The scheme is expected to become available in the week commencing 23 March 2020. The scheme … Continue reading