I'm guessing they'll try to avoid fraud by processing everything through PAYE? I'm no tax expert at all
Kudos to you Sir for actually caring about your staff, uplifting to hear in such times!
Like you I've got about 1-2 months cash left. I have no staff but had 3 jobs cancelled before 10am on Tuesday and 1 yesterday. Built the business up after being made redundant 7 years ago. I'm a self employed sole trader so entitled to sweet FA as far as I can tell. Maybe £377 per month of Universal Credit the government has so flipping generously offered the 5 million self employed in the country.
I may not even be entitled to that as my wife earns the princely annual wage of £9k for a 36 hour week (dont get me started about her employers who are publicly gloating about how much money they have been making due to the current panic buying and dont appear to give a stuff about employer safety).
My mortgage company already offers 3 month payment breaks that the govt. appear to be claiming is their own wonderful idea. It will add about another year onto my mortgage if I dont lose the house in the meantime.
I feel completely thrown under the bus.
If only the so-called patriotic tories had invested in the country they are so apparently proud of before this happened. Austerity eh? National debt tripled and now this a totally self obsessed, unprepared bunch of narcissists. They'll come out if this smelling of bloody Roses no doubt
Whatever happens we'll all crack on!
Stay safe Soul Brothers & Sisters and look out for each other, the people of this country make it what it is!