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Government guidance issued on 4 April confirms that Company Directors are eligible to be furloughed and receive support through the Coronavirus Job Retention Scheme (CJRS).

Government guidance issued on 4 April confirms that Company Directors are eligible to be furloughed and receive support through the Coronavirus Job Retention Scheme (CJRS). This is welcome news as Directors could get paid 80% of wages, up to a monthly cap of £2,500.
 
If the furlough option is followed, the Director may not work for a minimum 3 week period and may only carry out statutory duties set out in the Companies Act 2006. The decision to furlough should be formally adopted as a decision of the company, noted in the company records and communicated in writing to the Director(s) concerned.
 
If you require further information regarding furlough, please email furlough@umbrella.co.uk or follow the following useful links:

Keep well and stay safe. We will continue to update you with any relevant information.

It is the dreaded time of year to get around to completing your self-assessment tax return.

Tax Return Deadline

 Online tax returns should be submitted before the midnight 31st January 2016.

This is also the date any outstanding taxes need to be paid.

The deadline for paper tax returns was 31st October 2015.

Instead of putting it off and having the constant worry about it needing it doing contact Umbrella.co.uk today and we can help you get it completed within the next 2 working days.