Be honest, until spring 2021 had you even heard of the word furlough? And do you know how furlough schemes operate? Read on to find out how our payroll team smashed furlough expectations.
Well, our payroll bureau Three Counties Payroll had to establish exactly what was involved and in double-quick time! Therefore, when the government announced that companies would be able to claim back 80% of their employees’ wages for hours not worked during the pandemic, the team got to work.
Our impressive furlough stats
We are proud to standing squarely behind the impressive array of furlough processing stats below:
- 1.5 years – 18 months – 78 weeks – 547 days
- 6,837 processing hours
- 72,990 individual claims
- £13,423,359 in claims
- 13 investigations
- 1 exhausted team!
It’s also worth bearing in mind that as well as dealing with claims on behalf of our valued clients, the team had to keep up to date with all the details of the scheme. During the pandemic the furlough scheme changed its terms in summer and autumn 2021.
The government’s contribution dropped from 80% up to £2,500 to 70% up to £2,187.50 in July 2021 and 60% up to £1,875 in August and September. Finally, the scheme ended on September 30. Phew!
Above everything else, our statistics prove that we were able to respond positively to an immensely challenging situation.
Thanks to our knowledge, experience and dedication, we were able to give clients peace of mind. Firstly, we ensured that their employees were paid. Next we made sure that they, as a company or organisation, were fully compliant with the scheme at all times. Furthermore, we took the decision to not charge our clients for any of the furlough work that was completed on their behalf.
In light of this, the team were really pleased to receive the following testimonial from one of our payroll clients. “Many thanks for all your help and the excellent service you have provided at no charge to ourselves – a very generous gesture that has been very much appreciated“.
If furlough proved an 18-month long headache for your business – and your existing accountant! Contact us on 01905 622202 to discover the difference we can make every day, not just during a crisis.