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Coronavirus Job Retention Scheme (CJRS) Update
The Coronavirus Job Retention Scheme (CJRS) closed on the 30th September 2021 and HMRC have updated their guidance on how to deal with under and over-claimed amounts made in error for earlier periods.
Note that claims for September 2021 should have been made by the 14th October 2021 unless there is a reasonable excuse for a late claim.
There was particular uncertainty about whether under claims could be set off against overclaimed amounts. The latest guidance states that the off-set can only be made where the under claim and overclaim arise within the same claim period.
The updated guidance reminds employers that if they have overclaimed a grant and have not repaid it, they must notify HMRC by the latest of:
- 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.
- 20th October 2020.
If they do not do this, they may be liable to a penalty. HMRC have stated that they will not be actively looking for innocent errors in their compliance approach.
Please click here to find out more.
Please note that this update is correct as of the 18th October 2021.