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<p>Those who pay themselves a salary through their own company may be eligible to
claim for 80% of usual monthly wage costs, up to £2,500 a month, through the Coronavirus
Job Retention Scheme (CJRS). The CJRS is available to employers, including personal
service companies, and individuals paying themselves a salary through a PAYE scheme
are eligible.</p><p> </p><p>Income from dividends is a return on investment in the
company, rather than wages, and is not eligible for support. Under current reporting
mechanisms it is not possible for HM Revenue and Customs to distinguish between dividends
derived from an individual’s own company and dividends from other sources, and between
dividends in lieu of employment income and as returns from other corporate activity.
Expanding the scope would require HMRC to collect and verify new information. This
would take longer to deliver and put at risk the other schemes which the Government
is committed to delivering as quickly as possible.</p><p> </p><p>Individuals who are
not eligible for the Coronavirus Job Retention Scheme might be able to access the
other support Government is providing, including the Coronavirus Business Interruption
Loan Scheme and the deferral of tax payments. More information about the full range
of business support measures is available at <a href="http://www.businesssupport.gov.uk/coronavirus-business-support/"
target="_blank">www.businesssupport.gov.uk/coronavirus-business-support/</a></p>
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