Jim Harra of HMRC has shared updates (11th May 2020) in relation to the Coronavirus Job Retention Scheme.
Save and return option now added
The CJRS grant claim process has added a ‘save and return’ option. This means that you can return to a partially completed claim, and no longer having to do it all in one go.
Avoid common mistakes
When making a claim through the Coronavirus Job Retention Scheme, you will receive funds within six working days provided the claim matches records on the PAYE scheme. Submitting the claim correctly reduces the chance of delay or wrong payment.
Keep the process as simple as possible and follow these steps:
- read the guidance on GOV.UK – search for ‘Coronavirus Job Retention Scheme’, there’s a step-by-step guide to applying and a calculator
- check your employees are eligible
- check your calculations for each claim
- only submit one claim per pay period – you can’t submit another claim for overlapping periods; this means that in each claim you should include all furloughed employees paid during that period
- if you have missing National Insurance numbers, try and obtain them to avoid delay to your claim; if an employee doesn’t have a National Insurance number yet, contact HMRC to complete the claim
- check all of the information in the claim before you submit it, including your bank details.
If HMRC spot an error then, where possible, they will make contact.
Amending prior claims
HMRC acknowledge that sometimes errors are made and they are working on a process to enable amendments. In the meantime, don’t amend the next claim to reflect errors made in a previous claim as this could delay payment.