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The issue  As we continue to delve into the detail of the furlough scheme we are noticing more and more seemingly strange rules. One such rule is that a furloughed employee is still allowed to work for another employer and this has been unambiguously confirmed in the guidance.  Example John earns £37,500 a year working…

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We have received many queries from clients in relation to the Covid-19 financial help which is available. We thought that it would be useful to incorporate these queries (and their answers) into two case studies which we set out below: Question 1 Arthur and Jane, a married couple, own and operate XYZ Ltd, which is…

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The issue The question of whether (shareholder) directors of their own companies can ‘furlough’ themselves is still subject to some ambiguity. In simple terms many director shareholders want to know where they stand in relation to the Coronavirus Job Retention Scheme (CJRS). Currently, two schemes have been launched by the government to help businesses and…

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What exactly will Sajid Javid do with Entrepreneurs’ Relief? The issue While many entrepreneurs are still in celebration mode after the resounding defeat of Jeremy Corbyn, there may still be a nasty surprise waiting for them in the not too distant future. There are strong rumours that the Government is set to scale back Entrepreneurs’…

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The loan charge review – Christmas come early? The eagerly anticipated findings of the Independent Loan charge review were released just before Christmas, providing what seemed on first inspection like an early Christmas present for some of those previously caught by the charge. The review itself had arisen after much lobbying (Forbes Dawson included) against…

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