Have you overclaimed the CJRS grant?

HMRC has now confirmed what actions you should take if you realise that you have made an incorrect submission resulting in an overclaim of the CJRS grant.

 HMRC has also published guidance on their penalty process where they have not been notified and the grant not repaid within certain deadlines (see below for more information).

We really don't want you to receive a potential penalty charge, so we would encourage you to double check that you have only claimed what you are entitled to - and make sure you keep records as evidence in support of your submissions.

If you find you have overclaimed, here's some advice on what to do next.

Coronavirus Job Retention Scheme: what to do if you think you have overclaimed

If you think you have overclaimed the CJRS grant, your action needed will depend on the following:

If you are going to make another claim

• Inform HMRC as part of your next online claim - this means your next claim will be reduced accordingly. HMRC recommends that you keep a record of the amended submissions for six years.

If you have submitted your final claim

• You should inform HMRC to advise that you have overclaimed the grant and wish to repay it.

New deadlines

If you have overclaimed the CJRS grant and have not yet repaid it, you must inform HMRC by the latest of either:

• 90 days after the date you received the grant you were not entitled to
• 90 days after the date you received the grant that you were no longer entitled to because your circumstances changed
• 20 October 2020

If you do not notify HMRC within the above deadlines, you may have to pay a penalty.

For more information, please click here to be redirected to GOV.UK and to learn more about HMRC's penalty process, please click here.

Our Experience

We have submitted CJRS repayments to HMRC on behalf of clients and in our experience, this has worked well and the amendments have been processed quickly. If you think you may have overclaimed your CJRS grant, please let us know if you would like any assistance with this.

If you think you have not claimed enough of the CJRS grant, please get in touch with us to let us know and see how we can help.

We are here to help...

We are here to help in any way we can - please get in touch with us on 0121 693 5000 (Solihull Office) or 01527 833124 (Bromsgrove Office).