The Chartered Institute of Payroll Professionals
News On Line
L – Freepoert Deferment M – Under 21 S – Freeport over State Pension Age
V – Veterans Standard Z – Under 21 Deferment
Back to contents
Coronavirus Job Retention Scheme (CJRS) statistics – 4 November 2021 5 November 2021 HM Revenue and Customs (HMRC) released the latest Coronavirus Job Retention Scheme (CJRS) statistics on 4 November 2021. The release breaks down the provisional statistics in the closing month of the scheme, using data submitted to HMRC by 14 October 2021.
It is estimated that when the scheme closed, on 30 September 2021, there were still 410,000 employers being supported with 1.14 million jobs on furlough. This was down from the 1.35 million reported in August’s report.
The official statistics detail the job sectors, geographical locations and employee age groups that have used CJRS. Some notable points highlighted in the report are:
• The industry with the highest proportion of employees on furlough was service activities • The industry with the highest take-up rate for eligible employees was travel and tourism • Use of furlough was highest in London and near most London airports in September • Take-up rates decreased faster in larger employers (over 250 employees)
The total amount claimed since the beginning of CJRS comes to £70 billion, a figure that now needs to be accounted for in the Budget and public spending reviews. We already know of the Health and Social Care Levy being introduced in 2022-23, initially as part of National Insurance Contributions (NICs). But we await more news to see if there will be any further measures to fund the UK’s recovery?
A final publication of these statistics will be made available on 16 December 2021 using a complete data set.
Back to contents
Coronavirus Job Retention Scheme (CJRS) statistics – 4 November 2021 5 November 2021 HM Revenue and Customs (HMRC) are still undergoing efforts to return to normal service levels following the pandemic and the increased workload of its initiatives. Ones of these areas has been the processing of ITSA repayments, with many expecting to be contacted still awaiting correspondence from HMRC.
Update on delays
Following the Compliance Reform Forum, HMRC has issued the below statement regarding the ITSA repayments: “ HMRC are currently undertaking an increased level of checks to stop criminals abusing our Income Tax Self-Assessment repayment systems. This means that unfortunately some of our legitimate repayment customers have been experiencing delays in receiving tax refunds.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
Page 126 of 220
Made with FlippingBook - Online magazine maker