Payroll: need to know (Latest version)

1,265 HMRC staff, and is intended to fight fraud across the Government schemes designed to help businesses and individuals through the pandemic, e.g. the CJRS and the Self-Employment Income Support Scheme (SEISS). Recent HMRC statistics reveal that over £61 billion has been claimed through the CJRS since its introduction, supporting 11.5 million furloughed jobs across 1.3 million employers.

CIPP comment

The CIPP’s Policy team has advised that, where possible, any employers utilising the CJRS check their claims and the documents that they hold in relation to those submissions. We know that the next big activity from HMRC will be on compliance so the key message is to be prepared. Have you been checking your claims for errors, and if so, have you identified any? Take our latest Quick Poll today.

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Letters sent to 10,000 employers regarding potential CJRS errors 11 May 2021

HMRC took to Twitter to confirm that its Taxpayer Protection Taskforce has submitted letters to 10,000 employers to advise them that they may have made erroneous claims relating to the Coronavirus Job Retention Scheme (CJRS).

The letters suggest to employers that they may have made a mistake / mistakes and encourage them to double check their claims.

Guidance on the topic of correcting claims can be found online.

Employers wishing to submit claims relating to the period of April 2021 must ensure that they do so by no later than 14 May 2021.

The CJRS will remain open until 30 September 2021. The level of Government support remains at 80% of an employee’s usual salary for hours not worked until 30 June 2021. It will decrease to 70% for the period of July, and then 60% for the claim periods of August and September 2021. Employees must still receive 80% of their usual salary for hours not worked until the scheme closes for any of the time that they are placed on furlough. For the periods of July, August and September 2021, employers will be required to fund the additional amount up to 80% that is not provided by the Government themselves.

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Planning BACS payments around bank holidays 27 May 2021

As 31 May 2021 is a bank holiday, companies need to ensure that they are aware of the processes and procedures that need to be followed for their BACS payment file submissions.

There are payment non-processing times relating to the bank holiday and it is essential for businesses to prepare for non-processing days in order to guarantee that payments are received on time.

Payments that are scheduled to debit or credit on the first working day after the bank holiday on 31 May 2021 must be submitted by no later than 27 May 2021.

Businesses are reminded that it is good practice to check that payment files have been successful of the day of each submission, and reports are available on the Payment Services Website or on any BACS approved software. They can confirm whether payment files have been successfully submitted, and alert businesses to any errors.

The Chartered Institute of Payroll Professionals

Payroll: need to know

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