Navigating through what financial support you or your team can apply for can be an unsettling process in these strange times. That’s why we’ve rounded up important advice and webinars from HMRC to help you with your applications.
HMRC Business Webinars
HMRC is continuing to run business webinars on the following topics:
- Coronavirus COVID-19 Statutory Sick Pay Rebate Scheme
- Coronavirus Job Retention Scheme – How to make a claim
- Coronavirus (COVID-19) – Self-Employment Income Support Scheme (SEISS)
For more information, read below:
HMRC Statutory Sick Pay Rebate Scheme
Find out if you can use the Statutory Sick Pay Rebate Scheme, or how to make a claim on the Coronavirus Job Retention Scheme, by joining one of the following live webinars.
They’re interactive giving you the opportunity to ask questions using the on-screen text box.
There are a limited number of spaces, so save your place now.
- Coronavirus COVID-19 Statutory Sick Pay Rebate Scheme: Providing an overview of the scheme, this webinar looks at who can claim, when to start paying SSP, employees you can claim for, making a claim, keeping records, and more.
HMRC Job Retention Scheme
Save & Return Option Now Added
In response to feedback from customers using the service, they’ve added a ‘save and return’ option. This means that you can now return to a partially completed claim, rather than having to do it all in one go.
Avoiding common mistakes
When you make a claim through the Coronavirus Job Retention Scheme, you will receive the funds within six working days after you apply, provided your claim matches records that HMRC hold for your PAYE scheme. Making sure that you submit your claim correctly will reduce the chance of any delayed or wrong payments.
These steps should help keep the process as simple as possible:
- read the guidance before you apply, to find this go to GOV.UK and search for ‘Coronavirus Job Retention Scheme’, there’s a step-by-step guide to applying and a calculator
- check your employees are eligible, by looking at the guidance on GOV.UK
- check your calculations each time you submit a claim, in case any details have changed
- only submit one claim per pay period – you can’t submit another claim for overlapping periods; this means that in each claim you should include all furloughed employees paid during that period
- if you have missing National Insurance numbers for employees, do try and find them so it doesn’t delay your claim; if an employee doesn’t have a National Insurance number yet, you should contact HMRC in order to complete your claim; go to GOV.UK and search for ‘get help with the Coronavirus Job Retention Scheme’ to find out how to contact us
- double check all of the information in the claim before you submit it, including your bank details.
HMRC understand that sometimes you might make an error in your claim, and they are working on a process to enable you to amend a claim. In the meantime, please don’t amend your next claim to reflect any errors that you may have made in a previous one, as this could delay payment. If HMRC spot an error then, where possible, they’ll contact you or your agent to correct the claim.
After you make a claim – reporting employees’ wages to HMRC
If you’ve claimed a grant through the Coronavirus Job Retention Scheme, you should check if you need to report payments on the PAYE Real Time Information system. This will depend on whether you are using the grant to pay wages or to reimburse wages that you’ve already paid. To find guidance on this, go to GOV.UK and search for ‘report wages Coronavirus Job Retention Scheme’.
Find out more in their recorded webinars
Want more information? There are two HMRC webinars about the Coronavirus Job Retention Scheme on their YouTube channel ‘HMRCgovuk’ – an overview of the scheme and a detailed session about how to make a claim.
- Coronavirus Job Retention Scheme – How to make a claim: This guides you through making a claim, including the essential information you need, what to do before you make your claim, calculating and processing your claim.
These HMRC videos provide an overview of the support available to help businesses, self-employed individuals and employers and their employees deal with the economic impact of COVID-19 (also known as Coronavirus).
Running your business through coronavirus (COVID-19)
- This video provides an overview of the support available to help businesses deal with the economic impact of COVID-19 – including the deferral of VAT and Income Tax payments, the small business grant scheme, business rates holiday and more.
Coronavirus (COVID-19): Helping employers support employees
- This webinar provides an overview of the support available to help employers and their employees deal with the economic impact of coronavirus (also known as COVID-19) – including the Coronavirus Job Retention Scheme, Statutory Sick Pay, furloughed employees and more.
Coronavirus Job Retention Scheme – How to make a claim
- This video provides a step-by-step guide on how to make a claim through the Coronavirus Retention Scheme, including essential information needed before you start, how to work out your claim and what happens after submitting your claim.
Self-Employment Income Support Scheme (SEISS): Using the eligibility checker
- A short video to help you use the SEISS online eligibility checker.
Coronavirus (COVID-19) Self-Employment Income Support Scheme – how to claim step-by-step
- This webinar takes you through how to make a claim online and the information you’ll need, what happens after you’ve claimed and details of further support available.
A note about scams
Stay vigilant about scams, which may mimic government messages as a way of appearing authentic and unthreatening. Search ‘scams’ on GOV.UK for information on how to recognise genuine HMRC contact. You can also forward suspicious emails claiming to be from HMRC to firstname.lastname@example.org and texts to 60599.