It is common practice for individual construction workers to set themselves up as limited companies. Karen Davidson explains the support available during the coronavirus crisis.
If you are providing services through a personal services company, you could potentially be furloughed, and your company could seek assistance under the Coronavirus Job Retention Scheme.
All UK employers who operate a PAYE scheme and have furloughed employees are entitled to a grant, administered by HMRC, to reimburse 80% of wage costs for each furloughed employee up to a maximum of £2,500 per month, plus employers’ national insurance contributions and auto-enrolment pension contribution.
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