COVID-19: Rate Rebates & Furlough Scheme

March 27th, 2020  |  Published in Uncategorized

https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses#support-for-businesses-that-pay-little-or-no-business-rates

This link has what you need to know about the Job Retention scheme, also the grants for business rate payers, and those who get business rate relief.

Update 30 March – The link below has guidance for employees (including Directors) about who is eligible to be furloughed.

https://www.gov.uk/guidance/check-if-you-could-be-covered-by-the-coronavirus-job-retention-scheme

If you need to clarify anything, give me a call.

IMPORTANT

Whatever happens, HMRC will NOT be contacting you via text or email. This is a golden opportunity for the type of scammer who appears every year claiming to be HMRC trying to give you a refund. Really, they are after your bank details, so they can empty your account. For the self employed scheme, HMRC will work out what you are entitled to, and write to you. For the furlough scheme, it will be done through PAYE. If you aren’t sure, get in touch with me before replying.

Update 9 April:

You’ll need to provide the following to make a claim:

  1. The bank account number and sort code you’d like us to use when HMRC pay your claim.
  2. The name and phone number of the person in your business for HMRC to call with any questions.
  3. Your Self-Assessment UTR (Unique Tax Reference), Company UTR or CRN (Company Registration Number) – Usually I’ll have these.
  4. The name, employee number and National Insurance number for each of your furloughed employees. If I do your payroll, I’ll have this already.
  5. The total amount being claimed for all employees and the total furlough period. If I already do your payroll, I’ll have this information, just let me know who’s been furloughed and for what period.

HMRC Update 11 May

I’m writing to share the latest information about the Coronavirus Job Retention Scheme with you, including updates to guidance and the online service based on your feedback, and how to avoid common mistakes that can lead to a wrong or delayed payment.

Save and return option now added

In response to feedback from customers using the service, we’ve added a ‘save and return’ option. This means that you can now return to a partially completed claim, rather than having to do it all in one go.

Avoiding common mistakes

When you make a claim through the Coronavirus Job Retention Scheme, you will receive the funds within six working days after you apply, provided your claim matches records that we hold for your PAYE scheme. Making sure that you submit your claim correctly will reduce the chance of any delayed or wrong payments.

These steps should help keep the process as simple as possible:

  • read the guidance before you apply, to find this go to GOV‌.UK and search for ‘Coronavirus Job Retention Scheme’, there’s a step-by-step guide to applying and a calculator
  • check your employees are eligible, by looking at the guidance on GOV‌.UK
  • check your calculations each time you submit a claim, in case any details have changed
  • 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 for employees, do try and find them so it doesn’t delay your claim; if an employee doesn’t have a National Insurance number yet, you should contact HMRC in order to complete your claim; go to GOV‌.UK and search for ‘get help with the Coronavirus Job Retention Scheme’ to find out how to contact us
  • double check all of the information in the claim before you submit it, including your bank details.

We understand that sometimes you might make an error in your claim, and we’re working on a process to enable you to amend a claim. In the meantime, please don’t amend your next claim to reflect any errors that you may have made in a previous one, as this could delay payment. If we spot an error then, where possible, we’ll contact you or your agent to correct the claim.

After you make a claim – reporting employees’ wages to HMRC

If you’ve claimed a grant through the Coronavirus Job Retention Scheme, you should check if you need to report payments on the PAYE Real Time Information system. This will depend on whether you are using the grant to pay wages or to reimburse wages that you’ve already paid. To find guidance on this, go to GOV‌.UK and search for ‘report wages Coronavirus Job Retention Scheme’.

Find out more in our recorded webinars

Want more information? There are two HMRC webinars about the Coronavirus Job Retention Scheme on our YouTube channel ‘HMRCgovuk’ – an overview of the scheme and a detailed session about how to make a claim.

A note about scams

Stay vigilant about scams, which may mimic government messages as a way of appearing authentic and unthreatening. Search ‘scams’ on GOV‌.UK for information on how to recognise genuine HMRC contact. You can also forward suspicious emails claiming to be from HMRC to phishing@hmrc.gov.uk and texts to 60599.

Comments are closed.