HMRC has written to accountants, in relation to the Coronavirus Job Retention Scheme (CJRS), here are the key points;
At this time of national emergency we are standing together with clients and business associates to see this through. Business will get through the Covid-19 outbreak and where you have furloughed staff under the Coronavirus Job Retention Scheme key information has been issued on How To Make Your Grant Claim.
The key points are;
- Accountants have a huge reach into the business community and will be instrumental in helping the government ensure employers know what they can do to get ready to make their CJRS grant claim.
- Claims should not be made by phone, it will be an online service.
- The Coronavirus Job Retention Scheme (CJRS) – Allows employers to claim 80% of the wages of staff (up to a maximum of £2,500 per employee) that they have furloughed (been put on temporary leave).
- Businesses, and Agents that are authorised to act on behalf of clients for PAYE matters, will be able to make the claim.
- If your accountant has file only PAYE authority you, the business, have to make your own claim. You will need get the information required for the claim from your accountant / payroll provider. Businesses / their accountant will need the following information on each of the furloughed employees:
• National Insurance number
• Salary, National Insurance and pension contribution information that allows business to calculate the claim amount.
HMRC are ready to launch on 20 April 2020. This will be made public shortly, at which point we will be contacting businesses to advise them what they need to do. At this point we would welcome you also contacting your clients and offering yourselves as vital support during this process, either directly, if authorised, or indirectly if you are a file only agent.
HMRC are expecting phone demand to be beyond our capacity to offer a normal service so seek help from your accountant to steer you through.
Find out more;
The latest guidance on CJRS can be found on GOV.UK by searching for ‘Coronavirus Job Retention Scheme’. HMRC Guidance CJRS