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Preparing to Make a ‘Furlough’ Claim

Preparing to Make a ‘Furlough’ Claim

The Coronavirus Job Retention Scheme (Furlough scheme) has been introduced by the Chancellor to help support employers, whose business operations have been severely affected by the Coronavirus (Covid-19), retain their employees and protect the UK economy.

The online service for making furlough claims for your employees is going live week commencing 20 April 2020 and to help you prepare for submitting applications, we have provided an example, below, of the type of information required by HMRC.

You should ensure that you have all the required information readily available, and if you use an agent for your tax purposes, speak to them now.     


EXAMPLE HMRC LETTER

“Dear Customer,

We want to help you get ready to make a claim under the Coronavirus Job Retention Scheme.

If you’re eligible for the scheme, there are things that you can do now to be ready when the system is up and running later this month.

You’ll need to provide the following to make a claim:

  1. The bank account number and sort code you’d like us to use when we pay your claim.
  2. The name and phone number of the person in your business for us to call with any questions.
  3. Your Self-Assessment UTR (Unique Tax Reference), Company UTR or CRN (Company Registration Number).
  4. The name, employee number and National Insurance number for each of your furloughed employees.
  5. The total amount being claimed for all employees and the total furlough period.

If you use an agent who is authorised to act for you for PAYE purposes, they will be able to make a claim on your behalf, so please speak to them now.

However, if you use a file-only agent (files your RTI return but doesn’t act for you in other matters), they won’t be able to make a claim for you and you’ll need the information listed above from them to make the claim yourself.

For more detailed advice, please visit GOV.UK. This guidance is being regularly updated, so please review it frequently.

You may also find this recorded webinar helpful, ‘Coronavirus (COVID-19) Job Retention Scheme‘, available on HMRC’s YouTube channel.

We’ll email you again in the next few days with more details on how and when to access the online system – please do not try to do this until we let you know it is available.

We wish you all the best at this challenging time.

HMRC Customer Services”


STAY IN TOUCH AND GET HELP

As a Building Legacies client you can contact us for help and advice via emailsocial media and our website. You can also get in touch with your Business Growth Manager (BGM).

If you are not already on the Building Legacies programme, now is as good a time as ever to get the right support for your business to survive and thrive. Register with us to gain access to our FREE business support programme and receive our regular Covid-19 briefings plus other useful information directly into your inbox.

We will issue further advice and guidance Bulletins as the Covid-19 situation develops.