The government has reminded employers that 31 July is the last day they can submit claims for the Coronavirus Job Retention Scheme (CJRS) for periods ending on or before 30 June. Furthermore, employers can now submit claims for periods starting on or after 1 July.
You can find out more about this on the gov.uk website.
Adjusting your CJRS claim
If you’ve claimed too much or if you want to delete a claim in the online service, please note that you must do this within 72 hours.
If you’ve claimed too much
If you’ve made an error in a claim and you’ve received too much, you must pay this back to HMRC.
You can either:
- Tell HMRC as part of your next online claim (your new claim will be reduced and you’ll need to keep a record of the adjustment for six years).
- Contact HMRC to pay the money back (you should only do this if you’re not submitting another claim).
If you’ve overclaimed a grant and have not repaid it, you must notify HMRC by the latest of either:
- 90 days after the date you received the grant you were not entitled to.
- 90 days after the date you received the grant that you were no longer entitled to keep because your circumstances changed.
- 20 October 2020.
If you don’t notify HMRC that you overclaimed, you may receive a penalty. Repaying an overclaimed grant will prevent any potential tax liability in respect of the overpayment of Coronavirus Job Retention Scheme. HMRC will not be actively looking for innocent errors in their compliance approach.
Head to gov.uk to find out more about when you may have to pay a penalty and more including:
- How HMRC decides how much the penalty will be.
- When HMRC will not charge a penalty.
- How to appeal against a penalty.
If you haven’t claimed enough
If you’ve made a mistake and have consequently received too little money, you will still need to ensure you pay your employees the correct amount. You should contact HMRC to amend your claim. As you are increasing the amount of your claim, they may need to carry out additional checks.
After 31 July, you will no longer be able to amend a claim relating to the period up to 30 June. You must make sure that any remaining claims still to be made for the period to 30 June include all your eligible employees. Amendments for any other errors you made that resulted in you not claiming enough will still be permitted after 31 July.
For more information, head to the gov.uk website.
If you have any questions about making a claim for the CJRS, please get in touch with PKB and we’ll be able to advise.
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