Quote Originally Posted by EAB View Post
They are looking at temporary relief from SDL and UIF.

The relief on PAYE is that you can short pay with up to 20% of your PAYE for the next 4 months. Nowhere does it state that you get a discount of the 20% PAYE. Thus you will have to pay the 20% x 4 months after the 4 month period is done. So you will then almost pay double PAYE in one month after everything is back to "normal".

If your cashflow can handle it, I'd rather pay the full PAYE than extending it and then sitting with a big amount 4 months down the line
This is a way to assist with cash flow, which is the second most important thing in a business, after customers. Cash flow may assist you in buying product/materials to supply your customers.I anticipate some shortages due to factories being closed and imports being restricted. You can only make the sale if you can deliver the goods.