CORONAVIRUS UPDATE
Service Launch Update on Coronavirus Job Retention Scheme for Furloughed Workers
“HMRC are expected to be ready to launch the service on 20th April. This will be made public shortly, at which point they will be contacting businesses to advise them what they need to do.”
If we prepare your payroll for you, you can rest assured we will take care of this for you. You also do not need to read the rest of this email if you have not furloughed any employees.
If we complete your payroll and have furloughed employees, please reply to this email with the following information. This is to make sure we are ready to make your claim as soon as the service goes live;
- Signed furloughed leave agreements for all furloughed employees
- Bank details, including sort code and account number
Coronavirus Job Retention Scheme – Claiming 80% of Furloughed Pay
You will be able to claim funding from the government using a new portal if you have furloughed any of your employees.
Although we have not yet been given full guidance from HMRC, it appears that the funding will need to be claimed through the government gateway service for employers. You will therefore need to make sure you have access to your PAYE online account.
In order to make sure that you can claim as soon as possible (it has been suggested that the launch will be on 20th April) please take the following action now.
If you already have a government gateway account, please log in to make sure it works, and your password is correct or is renewed.
Then ensure that PAYE Online for Employers is listed as a service that you can use. If it is not, please follow the instructions on HMRC website to add it. You will need your PAYE reference number and accounts office reference number to hand when you do.
If you do not have a government gateway account already, please visit https://www.gov.uk/log-in-register-hmrc-online-services to do so. An activation code will need to be posted to you which is why we suggest you action this now.
Please do not hesitate to contact us if you require any assistance with PAYE online services – we would be delighted to help.
If you are concerned about how Covid-19 will affect you and your business, please give us a call on 020 8647 0297.
Although the MDH team are now working from home, we are still here to support you with whatever concerns you may have.
