Payments can be made online, or by telephone banking, CHAPS, BACS or by using a debit card or corporate credit card. Faster payments can also be made to HMRC’s account.
If the deadlines are not met, then claimants may have to pay a penalty. If, however, the overclaimed grant is repaid, this will prevent any potential tax liability in relation to the overpayment of the CJRS.
Guidance is available on the topic of paying CJRS grants back on GOV.UK.
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Closing date for submitting CJRS claims approaches 26 October 2020
As the deadline for making claims under the Coronavirus Job Retention Scheme (CJRS) rapidly approaches, on 30 November 2020, following the scheme’s closure on 31 October 2020, payroll professionals are reminded, not only of timeframes, but also of the importance of ensuring accuracy within their claims, along with the process to follow where any overpayments have been identified. There is guidance available which details the steps that claimants have to take in order to repay all, or some of, their grant back. The information provided can also apply where a claimant wants to make a voluntary repayment because they do not want or need the grant for the purposes of paying the wages of employees. Corrections can either be made by making the relevant adjustments within the next claim that is submitted, or a payment reference number can be generated if no further claims are to be sent. The reference number is generated via the online service, and there is a period of 30 days from the date it is provided in which to make payment to HMRC. It is imperative for claimants to use the correct reference number so that HMRC can allocate the payment correctly, and no payments should be made prior to the generation of that reference number.
Payments can be made by Faster Payments, CHAPS, BACS, by debit card or by corporate credit card.
In scenarios where an overclaim has not yet been paid back to HMRC, claimants have a period of time in which to notify HMRC, and this is the latest of:
• 90 days after the date the grant they were not entitled to was received • 90 days after the date the grant they were no longer entitled to keep because their circumstances has changed was received
Previously, 20 October 2020 was one of the deadline dates but that has now passed.
Claimants who do not adhere to these deadlines may be required to pay a penalty.
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Archived CJRS guidance 29 October 2020
All of the archived guidance relating to the Coronavirus Job Retention Scheme (CJRS) has been made available on Gov.UK. This will be useful for anybody who wishes to check the claims that they made relating to periods ending on or before 30 June 2020.
This will be particularly helpful in the event that HMRC audits or checks a historic claim, as payroll professionals will be able to demonstrate which iteration of guidance they used to arrive at their calculation figures.
The guidance was archived on 3 August 2020 in recognition of the fact that 31 July 2020 was the final date for submitting claims in relation to periods ending on or before 30 June 2020. This was to ensure that guidance for submitting new claims was easy to navigate, and that only relevant information was available.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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