HMRC have now released further details in order to prepare to make a claim through the Coronavirus Job Retention Scheme.
This evening HMRC has issued a release which advises on how and when to access the system will go live with some more information about what you will need to have ready before the system goes live but we or you CANNOT apply yet.
An important change to the scheme relating to employee eligibility came out today:
- you can claim for employees that were employed as of 19 March 2020 and were on your PAYE payroll on or before that date; this means that you will have made an RTI submission notifying us of payment of that employee on or before 19 March 2020
- employees that were employed as of 28 February 2020 and on payroll (i.e. notified to us on an RTI submission on or before 28 February) and were made redundant or stopped working for you after that, and prior to 19 March 2020, can also qualify for the scheme if you re-employ them and put them on furlough.
How to claim
As we prepare to make a significant number of claims, please note:
- We will contact clients individually to process your claim, you should not call us on 20 April which is the date the online claim service will be launched on GOV.UK – we will not be able to access before that date
- the only way to make a claim is online
- claims will be paid within 6 working days; we will not be able to contact them unless it is absolutely necessary.
As your agent we will make this claim for you if we prepare your payroll
But please note:
- We must be authorised so please check your mail for any letters from HMRC with PAYE agent authorisation codes in name of Stephens Ward Group which means we can then make the claim on your behalf using our ID and password
- Without these authorisations which clients will be aware we have been requesting for a number of weeks now we cannot process the claim then but will do as soon as authorised.
- you will need to tell us which UK bank account you want the grant to be paid into, in order to ensure funds are paid as quickly as possible to you.
We will retain all the records required for this filing. We will not be aware until we process the first claim how much time will be involved in this process and will update accordingly on a client by client basis
Other things to mention
Following the backdated claims, claims can be made no more than 14 days BEFORE payrolls are run but will be accepted for different pay periods
Further guidance will be released by HMRC next week and we will then follow up with updates to you.
Callan Accountancy offers expert accountancy help and advice with a free initial consultation.