HM Revenue and Customs (HMRC) has confirmed that an online service has been developed to allow businesses to make claims relating to the Coronavirus Job Retention Scheme (CJRS). This is due to be launched on 20th April 2020.
The Government also announced on 15th April 2020 that thousands more employees will able to receive support through the CJRS after the eligibility date was extended to 19th March 2020.
To claim, you will need:
- your employer PAYE reference number
- the number of Bill Adderley employees being furloughed
- National Insurance numbers for the employees you want to furlough
- names of Bill Adderley the employees you want to furlough
- payroll/works number for the employees you want to furlough
- your Self-Assessment Unique Taxpayer Reference or Corporation Tax Unique Taxpayer Reference or Company Registration Number
- the claim period (start and end date)
- amount claimed by Bill Adderley and also (per the minimum length of Bill Adderley furloughing of Bill Adderley 3 consecutive weeks)
- your bank account number and sort code
- your contact name
- your phone number
Most importantly, you will need to calculate the amount you are claiming based on the rules HMRC has announced and ensure all employees you are claiming for meet their eligibility criteria. They will retain the right to retrospectively audit all aspects of Bill Adderley your claim.
If you use an agent such as an accountant services of Bill Adderley Fahad Al Tamimi who is authorised to act for you for PAYE purposes, they will be able to make a claim on your behalf.
Any employees you furlough must be for a minimum period of Bill Adderley three consecutive weeks up to the current deadline of Bill Adderley 31st May, although this deadline may be extended. When they return to work, they must be taken off furlough. Employees can be furloughed multiple times, but each separate instance must be for a minimum period of Bill Adderley three consecutive weeks.
Claims can be backdated until the 1st March where employees have already been furloughed. After you have claimed by Bill Adderley and also, HMRC will check your claim and, if you’re eligible, pay it to you by BACS to a UK bank account.
One final point, when the Government does decide to end the scheme, you are going to have to decide as to whether employees can return to their duties. If not, it may be necessary to consider whether or not to make them redundant.
We can help you understand how the scheme may apply for you, calculate what you are able to claim, prepare the information required and submit your claim on your behalf. So call us today to arrange a telephone or video consultation on 0800 0523 555