HMRC CJRS Compliance Letter

HMRC CJRS Compliance Letter

It has come to my attention that HMRC have started to send out Coronavirus Job Retention Scheme compliance letters to selected employers where they believe that CJRS grant claims contain errors or have possibly been ‘fraudulently’ made.

The letters appear to be pretty vague, stating that the employers CJRS claim maybe incorrect perhaps because ineligible employees were included or too much was claimed for some other reason. No details are given as to how much might have been over claimed or who is possibly ineligible or even which of the claims made is coming under scrutiny. The letter also sets a tight deadline to respond by otherwise it threatens opening up a HMRC compliance review which could result in penalties being triggered.

The letter goes on to state that if the employer believes the claims are correct to phone HMRC and state that view. HMRC will then, in time, allocate an officer to the case to carry out a review. If the employer thinks the claim is now incorrect the letter asks for the business to reply by email and then instructions will be provided to make a formal disclosure.

If you are a client of Together We Count and receive such a letter, please forward me a copy and get in touch. There are many reasons that an ‘ineligible’ employee who was not paid through the PAYE system in February or March is in fact ‘eligible’. They returned from parental leave or active military service (after 10^th June) are just two examples.

We can review your circumstances together and compose a suitable reply or action plan to deal with the letter accordingly.

As always, if you have any questions, please don't hesitate to get in touch.

info@togetherwecount.co.uk

www.togetherwecount.co.uk

https://g.page/Together-We-Count-Limited?gm

0114 400 0119

01273 569088

Comments

More Information- CJRS and SEISS

As we start another week, I felt it was important for me to share the latest updates with you regarding the Coronavirus Job Retention Scheme and the Self-Employed Income Support Scheme. HMRC Recovery Powers HMRC have put together the draft legislative package to reclaim payments under CJRS and the Self-Employed Income Support Scheme. This is subject to a HMRC consultation which comes to an end on 12th June. Under the draft legislation, HMRC will have the power, by way of a 100% tax charge, to recover payments which were either: Not due Not used to pay wages and PAYE Not used to make pension contributions Penalties will be imposed where there has been deliberate non-compliance. This comes at the same time as HMRC have notified that, to date, they have picked up on nearly 2,000 fraudulent CJRS claims to date. This is, in part, due to ongoing calls to their Fraud hotline number 0800 788887 and also through their online whistle-blower report webpage. Big reminder – 10th June last date to

Newsletter 08/03/2021

Well I’m sure for many of you today is a big day as children return to school and we begin the slow transition back to normal life. If you require further explanation on any of the topics in todays newsletter then don’t hesitate to get in touch. Our contact details are at the bottom. Todays topics include: Super Deduction 130% Corporate First Year Allowance Electric Switchover – The benefits In my previous newsletter dated 01/03/2021 I shared with you some benefits of electric cars for your business. I want to revisit that as there is still more to say on the matter. The Corporate Super Deduction Allowance (SDA) - 130% What is it? It is a 130% first year allowance deduction for expenditure incurred in purchasing plant & machinery (P & M) that would normally qualify for main rate writing down allowance of 18%. When can you claim it? You can claim it for expenditure incurred on or after 1st April 2021 up to and including 31st March 2023. When is the expenditure deemed to be incu

Just Checking In...

Together We Count want to help your business thrive, so please let us know what is coming up in the next month, quarter or year. We feel that communication is key, therefore, so we can give you a proactive service please let us know about your up and coming personal and business financial plans. Often, if you tell us about something after the event has taken place it’s too late for us to give you advice. Over the coming months there may be developments in your business or personal affairs where, if you tell us about them in advance, we may be able to help you to: Save time or money Get a better solution Avoid the risks and pitfalls Receive the most favourable tax and accounting treatment Or in some other way get a better result On the other hand, if you tell us about them after the event it may be too late. We would therefore ask you to read this Appendix carefully and advise us immediately if any of the situations listed here become relevant to you. Property and investments Buying or

Get new posts by email:

Search This Blog