Bookkeeping Bites – What Furlough Ain’t

It is always worth reading the SMALL PRINT…….. And furlough ain’t no different…. Check this out:

✳️“If you cannot maintain your workforce because your operations have been affected by coronavirus (COVID-19), you can furlough employees……..”✳️

This is the OPENING LINE on the updated furlough guidance from Big G.

What does it mean? Does it mean…..

🤓 “We are busier than ever and sales are through the roof – but I still want to take advantage of the furlough scheme. Other staff still here can take the flack and just work a bit harder”

Errrrrrrr. NO.

🤓 “I am gonna put my staff on furlough, so I can make a claim, but then, like, not put them on furlough and ask them to work from home”

Errrrr, are you CRAZY? No!

It means – if you 💥 cannot pay your staff 💥 because your business is 💥stuffed 💥because of 💥 Corona Virus 💥you can furlough your employees.

Simples, no?

And a little fit further down in the guidance, what else is Big G sayin’?

Oh yeah 💥 HMRC will check claims’💥

For the full guidance, click here:

https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme

You have been warned. Stay safe everyone 😍😍😍