Payroll
...HMRC will withhold payment of the bonus where it believes there is a risk that CJRS claims may have been fraudulently claimed or inflated...
The employee must have been continuously employed during that period, and not have been working out their notice during that time. An eligible claim An employer will be able to claim the bonus for any employees who were eligible for the CJRS and for whom they claimed a grant. Where a claim for an employee was incorrectly made, the bonus will not be payable. Employers should ensure that they have: ● complied with their obligations to pay and file PAYE accurately and on time under the RTI reporting system for all employees ● maintained enrolment for PAYE online ❍ a UK bank account. It is vital that employers have kept up to date with their payroll and hold accurate records. In the event they receive any requests from HMRC to provide missing employee data in respect of historic CJRS claims, they must respond. Failure to maintain accurate records may jeopardise an employer’s claim. HMRC began to issue nudge letters in August, in a bid to prompt employers to take action where the department had
reason to believe that their CJRS claims were inaccurate. HMRC will withhold payment of the bonus where it believes there is a risk that CJRS claims may have been fraudulently claimed or inflated, until an enquiry is completed. Will the bonus help protect jobs? In the absence of a crystal ball, it is impossible to say whether the bonus will protect jobs; indeed, history will be the judge of its success or otherwise. However, the policy and research team have been posing questions though the quick polls on the CIPP news page throughout August, in a bid to gather some early statistics as to employer intentions. When asked ‘Are you intending to make use of the job retention bonus?’: ● 48% intend to apply for the bonus where eligible ● 28% do not intend to claim
● 15% were not aware of the bonus ● 9% were undecided or did not know, when they completed the poll. The follow up question asked whether ‘For those businesses planning to utilise the job retention bonus, was the bonus having an effect on any of their imminent employment plans?’. The replies were as follows: ● 76% of businesses that are hoping to use the bonus confirmed that it is having no impact on their immediate employment plans ● 24% stated that the bonus would result in a reduced level of immediate redundancies. n As ever, the devil will be in the detail, and we have submitted many questions in a bid to reveal that detail. As you read this, further guidance will have been published and be available on gov.uk.
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Calculating National Insurance Contributions
Paying Statutory Maternity Pay (SMP)
Calculating Statutory Sick Pay (SSP)
Calculating income tax
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This course covers: ● Outline of expenses and benefits ● Identifying the different returns for expenses and benefits ● Identifying the various schemes with which benefits are offered Issue 64 | October 2020
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| Professional in Payroll, Pensions and Reward |
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