31
July
2020
What you need to do by TODAY! Submit your CJRS claim for periods ending on or before 30 June 2020 by 31 July 2020. This is the last date you can make those claims. You need to have made a claim at any point on or before 31 July to be able to make a claim for future months. Amend your previous claims to add any additional employees you may have missed off in error. After 31 July you will not be able to add any new employees for periods ending on or before 30 June. What you need to do from 1 August From 1 August 2020 the scheme will no longer fund employers’ National Insurance (NI) and pensions contributions. You will have to make these payments from your own resources for all employees, whether furloughed or not. Live webinars offering more support on changes to the scheme and how they impact you are available to book online – go here Please check GOV.UK and join one of our webinars if you need further help. This will leave their phone lines open for those who need them most. Make sure your data is right It’s important that you provide the data HMRC need to process your claim. Payment of your grant may be at risk or delayed if you submit a claim that is incomplete or incorrect. Claimed too much in error? If you have claimed too much for a CJRS grant and have not repaid it, you must notify HMRC and repay the money by the latest of whichever date applies below: 90 days of receiving the CJRS money you’re not entitled to 90 days of when circumstances changed so that you were no longer entitled to keep the CJRS grant 20 October 2020 if you received CJRS money you’re not entitled to, or if your circumstances changed, on or before 20 July. If you do not do this, you may have to pay a penalty. How to let HMRC know about claiming too much You can let HMRC know as part of your next online claim without needing to call them – the system will prompt you to add details on if you have received too much. If you received too much and do not plan to submit further claims – or you have claimed less than you were entitled to please contact HMRC. HMRC are supporting their customers while tackling serious fraud and criminal attacks. They understand mistakes happen, particularly in these challenging times, and will not seek out innocent errors and small mistakes for compliance action. For more information, go here on GOV.UK. Claiming for 100 or more employees? Please use HMRC’s standard template to submit your employees’ details. It is important that you submit the correct data (including National Insurance numbers) in the correct format. You can find the template on GOV.UK here. Looking for help to work out your claim? Please use HMRC’s online calculator to help you calculate your next claim. Please LOGIN to read the full article.
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