Covid-19 – Job retention scheme update

Following our last mailer in respect of the Coronavirus Job Retention Scheme, we have now received further updates from HM Revenue & Customs to confirm that the scheme will be launched on 20 April 2020 at the GOV.UK website address.

There is also a key change in that you can now claim for anyone that was on the payroll, and had an RTI submission, as at 19 March 2020 rather than 28 February 2020.

How to claim

  • You can only make the claim online at GOV.UK.
  • Guidance will be provided on the online system to help calculate the amount you can claim.
  • Claims will be paid within 6 working days.

Information required to make a claim

  • Government Gateway ID and password – if you do not have this in place please go to GOV.UK and search for 'HMRC services: sign in or register'.
  • You must be enrolled for PAYE online – if you are not registered yet, please go to GOV.UK and search for 'PAYE Online for employers'.
  • You will need the following information for each furloughed employee you will be claiming for:
    • Name.
    • National Insurance number.
    • Claim period and claim amount.
    • PAYE/employee number (optional).
      • if you have fewer than 100 furloughed staff – you will need to input information directly into the system for each employee
      • if you have 100 or more furloughed staff – you will need to upload a file with information for each employee; HMRC will accept the following file types: .xls .xlsx .csv .ods.

Making the claim

As you can probably appreciate, our external payroll bureau, Sussex Payroll Services (SPS), will not have the capacity to deal with the Coronavirus Job Retention Scheme claims (there would be hundreds of claims for them to deal with), so we are requesting that you make these claims yourselves to ensure that you obtain the funding as soon as possible when the system goes live. The scheme has been designed to be easy to complete by the employer.

Unfortunately Honey Barrett do not hold the agent authority for PAYE and therefore we are unable to assist directly with this matter and it would not be cost effective for us to do so.

If help is needed with the claim, then we will of course try to assist where possible, however we want to remind you that we cannot make the claim on your behalf and it will be down to the employer to make the claim directly with HMRC. We would also like to make you aware that there will be charges for our time in this respect, where assistance is requested.

If you have any questions please contact your usual Honey Barrett contact.

COVID-19 - Job Retention Scheme One in five highly skilled freelancers face business closure to COVID-19 Strong economic recovery likely, but not certain Over £31 billion borrowed through coronavirus schemes Manufacturers call for coronavirus support Chancellor announces changes to Job Retention Scheme IPSE gives cautious welcome to extension of self-employed scheme Research shows 5.2 million people have fallen victim to scams during coronavirus crisis Coronavirus Statutory Sick Pay Rebate Scheme goes live Government publishes revised Coronavirus Job Retention Scheme legislation Survey suggests one in ten firms cannot implement coronavirus guidance safely IPSE urges government to extend self-employed support scheme Future Fund launches to give start-ups coronavirus support Government set to launch Coronavirus Statutory Sick Pay Rebate Scheme Loan size increased to £200 million under large business interruption scheme BCC survey suggests firms ready for gradual reopening of UK economy One million apply to self-employed grant scheme in 48 hours Close to £15 billion lent through government's coronavirus schemes Chancellor extends Job Retention Scheme until October Self-employed grant scheme to open to applications HMRC extends tax appeal deadline due to pandemic Business groups need more guidance and financial support for return to work UK Finance warns firms over Bounce Back loan repayments HMRC begins contacting individuals eligible for coronavirus income support scheme Over 110,000 businesses apply for Bounce Back loans on day one Government changes ISA rules to help individuals affected by coronavirus Business leaders eager for lockdown to ease, says IoD Lenders relax evidence requirements for business interruption loan scheme applications CIPD urges government to make Coronavirus Job Retention Scheme more flexible Government launches small business micro loan scheme FSB urges government to increase 80% guarantee on coronavirus business loans Government launches support finder tool for businesses SMEs access £2.8 billion through business interruption loan scheme BCC finds significant number of UK businesses have furloughed employees Coronavirus pandemic 'has already cost SMEs £277,000 each', research suggests Government unveils support package for innovative businesses affected by coronavirus Coronavirus Job Retention Scheme goes live as it is extended to end of June Pensions regulator issues auto-enrolment guidance for pandemic Government widens eligibility for job retention scheme HMRC releases guidance on coronavirus Self-employment Income Support Scheme Coronavirus Job Retention Scheme set to launch on 20 April Chancellor announces financial aid package for charities Firms struggling to access emergency coronavirus loans UK economic output reduces to 31% as result of coronavirus lockdown Chancellor announces changes to Business Interruption Loan Scheme Majority of UK firms have less than three months' cash reserves Government publishes details on coronavirus grant schemes for small businesses Directors on PAYE can furlough under job retention scheme Government relaxes insolvency rules during coronavirus pandemic HMRC publishes guidance on recognising genuine government contact HMRC urges businesses using VAT deferral to cancel direct debits Chancellor unveils help for self-employed workers Government and financial regulators tell banks to keep lending UK facing 'worst recession in modern history' COVID-19 Business Measures - job retention and tax deferrals Coronavirus Business Interruption Loan Scheme goes live Information for businesses and employers

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Honey Barrett Limited, 53 Gildredge Road, Eastbourne, East Sussex BN21 4SF
Bexhill Office : 48 St Leonards Road, Bexhill-on-Sea, East Sussex TN40 1JB
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