I assume this is just to ensure they are registered online for those that might still do it manually rather than using the PAYE software?This quote is hidden because you are ignoring this member. Show Quote
Did they not do away with manual submissions a while ago? I seem to remember something about phasing in the online software for all employees.
I got an email yesterday saying that they are closer to having the online claim process ready, and a further email will be sent in due course.
Results 151 to 177 of 177
Thread: Self employed
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10-04-2020 11:41 AM #151
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10-04-2020 11:48 AM #152This quote is hidden because you are ignoring this member. Show Quote
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10-04-2020 12:08 PM #153This quote is hidden because you are ignoring this member. Show Quote
“ If you’re eligible for the scheme, there are things that you can do now to be ready when the system is up and running later this month.
You’ll need to provide the following to make a claim:
The bank account number and sort code you’d like us to use when we pay your claim.
The name and phone number of the person in your business for us to call with any questions.
Your Self-Assessment UTR (Unique Tax Reference), Company UTR or CRN (Company Registration Number).
The name, employee number and National Insurance number for each of your furloughed employees.
The total amount being claimed for all employees and the total furlough period.
If you use an agent who is authorised to act for you for PAYE purposes, they will be able to make a claim on your behalf, so please speak to them now.”
I’m not sure how you are meant to work out the amount you are claiming for when we’ve no idea how long the Furlough will last??
But I assume this question will be getting asked and they’ll have an answer by the time they are ready to start taking applications.
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10-04-2020 02:15 PM #154
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10-04-2020 03:36 PM #155This quote is hidden because you are ignoring this member. Show Quote
As Stevie says, though, every employer should be registered online now.
Edit... just read your later post.
Your company will already be registered, but your accountant is suggesting that "you" take over the administration of the payroll. That will need you to get log-in details from HMRC for your company.
I'm surprised at your accountant, though. I thought they would have been glad of the work.Last edited by CropleyWasGod; 10-04-2020 at 03:41 PM.
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10-04-2020 04:18 PM #156This quote is hidden because you are ignoring this member. Show Quote
I’ll need to do it again, as I used my name rather than the Company name
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23-04-2020 07:13 AM #157
My son is self employed, sole trader. He knows he can’t get a payment till end June but was told by somebody that he should expect a letter sometime from HMRC explaining everything !
Is that the case ?
Are other sole traders still waiting for a letter or have they contacted HMRC direct ?
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23-04-2020 08:12 AM #158This quote is hidden because you are ignoring this member. Show Quote
I'm not sure what happens if he doesn't agree.
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23-04-2020 08:30 AM #159
I received an update from a specialist accountant in my field this morning.
"Although we have heard of a small number of receipts in the Edinburgh Council territory it is fair to say that their team appear to be the most challenged in the country at this time and many have found they still await any communication for early submissions. It is hoped that this bottleneck experience will be relieved shortly to ease cash concerns at this time of need."
If, like me, anyone is waiting for the £10k local authority grant, it appears that Edinburgh are either busier or are making harder work of things than other Scottish authorities.
Looks like we just need to be patient. Not easy when you're facing up to having to pay your second wage bill after having had revenue cut by 90% and with the furlough scheme yet to kick in.
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23-04-2020 08:32 AM #160
Thanks for that CWG. Yes I had a quick look myself after originally posting. Looks like they will hopefully be in touch mid May.
He moved house just before lockdown so will have to inform them of change of address
He never thought of that 😂
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23-04-2020 09:12 AM #161
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23-04-2020 02:24 PM #162This quote is hidden because you are ignoring this member. Show Quote
He has made a lot more in year 19/20
Am I correct in saying that he will not now get any money from HMRC due to this ?
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23-04-2020 02:38 PM #163
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It's based on your three year average trading profit between 16/17 to 18/19 so unfortunately looks like he'll only get a 1/3rd of the profit he made in 18/19.
Id suggest getting his 19/20 return submitted pronto in the hope that he can maybe use those figures in an appeal if they're allowed at any point.
I think however, he might be in for bad news.
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23-04-2020 02:39 PM #164This quote is hidden because you are ignoring this member. Show Quote
I can see a lot of appeals being made, on those grounds alone.
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23-04-2020 03:10 PM #165This quote is hidden because you are ignoring this member. Show Quote
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23-04-2020 03:22 PM #166This quote is hidden because you are ignoring this member. Show Quote
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23-04-2020 03:31 PM #167This quote is hidden because you are ignoring this member. Show Quote
If they would accept 19/20 figures then that would make a big difference
Obviously there are going to be many losers with similar situations I would guess.
Hopefully HMRC may update to include 19/20 returns, but I doubt it at the moment.
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23-04-2020 03:38 PM #168This quote is hidden because you are ignoring this member. Show Quote
It's quite feasible for someone to put in a high income for the 19/20 Return, purely to get a large payout. Then, just before the deadline next January, put in an amended Return with much lower income. By that time, things may be back to normal and the trader could afford to pay back any overpaid help.
I think that HMG have spotted this potential scam, hence why 19/20 won't be used, other than in exceptional cases.
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23-04-2020 03:42 PM #169
I never thought of that, but makes sense.
I thought once you submitted your return, it was set in stone
I’m PAYE by the way so every days a school day 😂
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03-05-2020 12:40 PM #170
For those of you who are small company owners, this might be of interest.
https://petition.parliament.uk/petitions/310515
There's also a Facebook page, which will keep you up to date with how the campaign is going.
https://m.facebook.com/story.php?story_fbid=121317189535845&id=1035150046 49397Last edited by CropleyWasGod; 03-05-2020 at 12:45 PM.
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04-05-2020 02:09 PM #171
The Government gateway site is up for folk who want to make a claim.
You cant make a claim until the 13th but think the site is up so people can ensure they have a login sorted.
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04-05-2020 03:23 PM #172This quote is hidden because you are ignoring this member. Show Quote
Thought they were getting into contact with us first about payments to be made in June.
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04-05-2020 03:31 PM #173This quote is hidden because you are ignoring this member. Show Quote
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04-05-2020 03:32 PM #174This quote is hidden because you are ignoring this member. Show QuoteThis quote is hidden because you are ignoring this member. Show Quote
The "claim" is you going online and confirming your agreement, and giving them your bank details.
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04-05-2020 03:49 PM #176This quote is hidden because you are ignoring this member. Show Quote
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